SOLD - Karana Downs (Ipswich) - Sparrow Nest Early Learning

• 10 year lease to 2027 + options to 2047
• Sparrow Nest Early Learning - 90% owned by Hong Kong Stock Exchange listed Fullshare Holdings – Global Healthcare services provider with market cap of $85B
• Recently refurbished childcare centre with significant internal and playground upgrades undertaken in 2016
• Strong childcare location 4 minutes’ drive to Mt Crosby State School
• Karana Downs - Well established residential location of Brisbane situated 22 kilometres from the CBD
• Licensed for 67 Long Day Care places
• Lease secured by 6 month rent guarantee
• Tenant pays all usual outgoings (including Land Tax)
• Fixed 3% or CPI annual increases (Whichever the greater)
• Net Income $118,450 pa + GST

For Sale by way of Auction on Tuesday 22nd May at 10.30am 
Cushman & Wakefield 
Level 22, 1 O'Connell Street, Sydney

Remote Bidding Facilities available at the Cushman & Wakefield Brisbane and Melbourne Offices.

For further information, please contact the exclusive agents, Cushman & Wakefield.