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SOLD - Frenchville (Rockhampton) - Secure 20 Year Childcare Lease + Immediate Development Upside
147 Robinson Street Frenchville QLD 4701
Investments
Investment
Property No.
Key Property Highlights
| Land Area | 16240 sqm |
|---|---|
| Parking | 126 |
| Listing Status | Sold |
Cushman and Wakefield are pleased to present to the market the Little Zebra Childcare & Goodlife Health Club asset at 147 Robinson Street, Rockhampton (Frenchville).
- Secure 20 year childcare lease to 2035 + options
- Little Zebra Childcare - Proven and successful childcare operator with 3 thriving Childcare and Kindergarten centre’s
- Secure 10 year Goodlife Health Club lease to 2024 + options
- Goodlife Health Club - Soley owned by Quadrant Private Equity - Investments in excess of $4.7 Billion
- Goodlife Health Club recently invested approximately $2 Million into their fitout
- Abundant on title car park, 126 spaces
- Annual rent reviews, CPI & Fixed 3% respectively
- Tenants pay all usual outgoings (excl management & land tax)
- Huge 16,240 sqm land - Further DA approved childcare centre (as agents for Approval documents)
- Strategic location opposite North Rockhampton State High School & adjacent to North Rockhampton Police Station
- Rockhampton - The regional capital of Central Queensland with population of over 80,000 and regarded as the ‘Beef Capital of Australia’
- Net Income: $452,851 pa + GST