SOLD - Coomera (Gold Coast) - Brand New 20 Year Lease - Rapidly Expanding Gold Coast Location

Cushman & Wakefield is pleased to present to the market 38 Amity Road, Coomera for Sale via Auction.

The property has the following key characteristics:

• Brand new 20 year net lease to 2041 + options to 2061
• Successful high occupancy childcare centre managed by childcare specialists KAL, 17+ years’ experience with 20+ locations throughout SEQ
• Land rich 3,604 sqm site improved by a state-of-the-art early learning facility & expansive outdoor playscape, licensed for 112 places
• Strategic childcare location with 10 schools within 5 kms
• Ideal childcare demographics - High proportion of double income families & affordable new homes
• Landlord friendly net lease - Tenant pays all usual outgoings including Land Tax & Management Fees
• Coomera/Pimpama - One of Australia’s fastest growing corridors, population set to increase a staggering 319% to 115,000+ by 2041
• Gold Coast - World famous location, current population of 590,000 set to reach 1 million by 2050
• Fixed 3% annual rent increases
• Net Income $346,080 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Friday 19 March at 10am AEDT at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.