Location：Brisbane Sale Price：$9,822,000
Net Profit: $442,000 Return：4.5%
The Childcare Centre is a 104 place childcare centre currently under construction and due to be completed in Q1 2023. The Centre is to be secured on a 20-year lease.
The childcare centre offers premium childcare and pre-school education services to 9 locations across Queensland, New South Wales, Victoria and South Australia with another 11 opening by the end of 2022.
LEASE SUMMARY Base Rent $442,000 ($4,250 per place) Initial Term 20 years Annual Reviews 3% Outgoings Payable by Lessee (excluding management) Land Tax Payable by Lessee Lease Security 3 Month Bank Guarantee & Parent Company Lease