1259 Riverway Drive,
Kelso, QLD 4815

1259 Riverway Drive, Kelso represents an outstanding opportunity to acquire a childcare investment within the expanding suburb of Kelso. This offering provides a well equipped childcare facility with a total building area of 429sqm* with the added benefit of onsite car parking.

Features:
- Long term triple net lease
- Substantial site area of 2,059sqm* zoned low density
residential.
- Net annual income of $124,509.30 pa plus GST
- Term - Twenty (20) years to June 2023 (includes 1 x 5 year
option previously exercised)
- One (1) further term of five (5) years to June 2028
- Rent Review - Annual fixed 3% reviews with FMR at the
commencement of options
- Purpose built facility 429sqm*
- Licensed for 75 child care places
- Onsite car parking available

Tenant Profile
Australia’s largest childcare provider Goodstart Early Learning was established in 2009. With 69,600 children attending one of 645 centres, nation wide.

For further information or to arrange an onsite inspection, please contact Paul Dury or Mark Fitzgerald at Knight Frank Townsville.

*Approximately