Location：Southside Brisbane Sales Price：$6,507,000
Net Profit：$292,825 Return：4.5%
The Childcare Centre Southside Brisbane is an 85 place childcare centre currently under construction and due to be completed in Q4 2022. 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 $292,825 p.a. ($3,445 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