SOLD - Rothwell (Brisbane) - Premium Childcare Investment - Brand New 10 Year Net Lease

Cushman & Wakefield is pleased to present to the market 52 Coman Street South, Rothwell (Brisbane) for Sale via Auction.

The property has the following key characteristics:

• Brand new 10 year net lease to 2030 + options to 2050
• Kids ELC - Award winning, highly regarded operator with 15 Centres throughout QLD
• Completely refurbished in 2020 offering significant depreciation benefits
• Well-appointed 680 sqm facility licensed for 94 places
• Conveniently located 5 minutes from 7 schools & 200m from major arterial Deception Bay Road
• Situated within major retail precinct that includes Woolworths, BWS, Officeworks, BCF, 7-Eleven, Starbucks, Caltex, Guzman Y Gomez & Oporto
• Rothwell - 28 km’s from CBD, a key commercial hub of the rapidly expanding Moreton Bay region, set to grow to 645,000+ people by 2036
• Lease secured by Directors Guarantees & Cash Bond
• Tenant pays all usual outgoings including Land Tax
• Fixed 3% annual rent increases
• Net Income $230,000 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 5 November at 12 noon AEDT at Doltone House Hyde Park, located on 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.