1 Mary Street,
Kingston, QLD 4114

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https://www.lloydsonline.com.au/AuctionDetails.aspx?aid=36087

AUCTION CLOSES 21ST OCTOBER AT 11AM

The Property:

• 15 year lease to 2033
• Four x 5 year options to 2053
• Net Income: $193,733 pa + GST
• Full service centre offering care 0-4 yrs. of age from 6:30am-6:30 pm 5 days
• Approved for 82 LDC places
• Highly experienced operator Guppy's Early Learning with 14 centres
• Land size of 1,647 sqm with building area of 705 sqm
• Completely refurbished inside
• Excellent location within dense residential catchment
• Tenant pays all outgoings as per the lease
• Bank Guarantee - 3 months
• Fixed annual increases of 3%
• Net Income: $193,733 pa + GST

Location:

Kingston, an inner suburb of Logan City, immediately south east of Logan Central, is 22 km -south-east of central Brisbane. Kingston is a predominantly residential suburb, with a low mix of industrial, commercial and retail areas.
The suburb is a high growth location between Brisbane and Gold Coast.

• 240m from Kingston Train Station
• 2.4kms from the Logan Motorway
• 5kms from Meadowbrook Shopping Centre
• 4.2km from Marsden Park Shopping Centre
• 5.2km from Logan Hospital
• 1.2km from Kingston State School
• 3.4km from Mabel Park State School
• 2.6km from Groves Christian College

Childcare is an essential service and one of the most sort after investments.

Please email for Information Memorandum