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9/1 NERANG STREET,
Nerang, QLD 4211
Shops & Retail • Other
Price information
Sale - Auction Wed 24 Jul
AUCTION 24TH OF JULY 11AM
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COASTAL ° Commercial
Level 3, 16 Queensland AvenueBROADBEACH, QLD 4218
04122061...![COASTAL ° Commercial](https://i1.au.reastatic.net/170x46-fit/c5b5354962b2ab2c175637d32a31238a10e669bf37395c20ac0463412f662da1/large_commercial.jpg)
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9/1 NERANG STREET
Nerang, QLD 4211
Map of 9/1 NERANG STREET
Train stations within 5 km of 9/1 NERANG STREET, Nerang, QLD 4211 Distance Nerang Station 1.3 km POWERED BY HERE ©Tram stops within 5 km of 9/1 NERANG STREET, Nerang, QLD 4211 Distance Parkwood East 3.7 km Parkwood 4 km Gold Coast University Hospital 5 km POWERED BY HERE ©Bus stops within 5 km of 9/1 NERANG STREET, Nerang, QLD 4211 Distance Nerang St at Nerang State School 149 m Price St at Nerang State School 232 m Nerang Bicentennial Centre 260 m Gold Coast city council 288 m City of Gold Coast, Nerang 300 m POWERED BY HERE ©
POWERED BY HERE ©
Childcare Investment - Brand new 10 year lease - Must be sold!
Brandon Johnson, your exclusive agent from Coastal Commercial proudly presents 9/1 Nerang Street, Nerang. Offering you a high returning asset, with a proven Childcare operator. The tenants are currently conducting improvements to the property, including a large fit out. This is an opportunity not to be missed.
Features:
• Brand new 10 year lease which commenced on 25 March 2024
• Current net income of $225,000
• CPI increases capped at 3% annually
• 3 month bank guarantee
• Leased to proven operator 'Kia Ora Kids Early Learning Centre'
• Large catchment area
• Located directly opposite from Nerang State School
• Modern state of the art child care facility
Child Care/Early Education is an essential service and one of Australia's most sought-after asset classes, heavily supported by Federal and State government funding. In 2023-2024, the Federal Government contributed over $11.6 billion in funding for early childhood education, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in 2023. This reform aims to make early education and care more affordable for around 1.3 million families nationwide.
The sellers are extremely motivated and will entertain all cash unconditional offers prior to Auction. If not sold prior, the property will be sold via Public Auction 11:00am on Wednesday the 24th of July at Coastal Commercial office. Level 1/16 Queensland Avenue, Broadbeach QLD 4218.
* Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.
Features:
• Brand new 10 year lease which commenced on 25 March 2024
• Current net income of $225,000
• CPI increases capped at 3% annually
• 3 month bank guarantee
• Leased to proven operator 'Kia Ora Kids Early Learning Centre'
• Large catchment area
• Located directly opposite from Nerang State School
• Modern state of the art child care facility
Child Care/Early Education is an essential service and one of Australia's most sought-after asset classes, heavily supported by Federal and State government funding. In 2023-2024, the Federal Government contributed over $11.6 billion in funding for early childhood education, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in 2023. This reform aims to make early education and care more affordable for around 1.3 million families nationwide.
The sellers are extremely motivated and will entertain all cash unconditional offers prior to Auction. If not sold prior, the property will be sold via Public Auction 11:00am on Wednesday the 24th of July at Coastal Commercial office. Level 1/16 Queensland Avenue, Broadbeach QLD 4218.
* Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.
Additional information
External websites
Property ID: 504619724Last Updated: 20 Jun 2024
COASTAL ° CommercialLevel 3, 16 Queensland Avenue
BROADBEACH, QLD 4218
BROADBEACH, QLD 4218
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