![Burgess Rawson - Melbourne](https://i1.au.reastatic.net/170x46-fit/950a72b4fe70bbf7151e4d0922124c20a4e049bc768e0e3a6d9299b5721e4ed9/large.jpg)
507 - 511 Davidson Street,
Port Douglas, QLD 4877
Medical & Consulting • Shops & Retail • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
![Burgess Rawson - Melbourne](https://i1.au.reastatic.net/170x46-fit/950a72b4fe70bbf7151e4d0922124c20a4e049bc768e0e3a6d9299b5721e4ed9/large.jpg)
507 - 511 Davidson Street
Port Douglas, QLD 4877
Map of 507 - 511 Davidson Street
Modern Childcare Investment Leased to National Provider
- 15 yr lease to Petit EL + opts to 2039
- Triple Net Lease
- Min 2.5% incrs + ratchet provisions
Secure 15 year lease to Petit Early Learning to 2029
Minimum 2.5% annual rent increases + ‘ratchet’ provisions
576 sqm state-of-the-art child care facility, licensed for 88 LDC places
Petit Early Learning: highly experienced and successful early education childcare provider with 18 centres across the eastern seaboard
Triple net lease with the tenant responsible for all outgoings including: insurance, maintenance, repairs (capital & structural) plus multiple holding land tax
High profile 2,663 sqm main road corner site, with 20 car spaces
Port Douglas: tourist mecca of far North Queensland and gateway to the Great Barrier Reef and the Daintree National Park
Substantial income tax saving depreciation benefits
Net Income: $197,877 pa + GST and Outgoings
Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne
Minimum 2.5% annual rent increases + ‘ratchet’ provisions
576 sqm state-of-the-art child care facility, licensed for 88 LDC places
Petit Early Learning: highly experienced and successful early education childcare provider with 18 centres across the eastern seaboard
Triple net lease with the tenant responsible for all outgoings including: insurance, maintenance, repairs (capital & structural) plus multiple holding land tax
High profile 2,663 sqm main road corner site, with 20 car spaces
Port Douglas: tourist mecca of far North Queensland and gateway to the Great Barrier Reef and the Daintree National Park
Substantial income tax saving depreciation benefits
Net Income: $197,877 pa + GST and Outgoings
Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne
Property ID: 503165682Last Updated: 3 May 2021
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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