146-148 West Burleigh Road,
Burleigh Heads, QLD 4220

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BRAND NEW TROPHY CHILDCARE CENTRE - 15 YEAR LEASE

Brand new 15 year lease
Annual increases fixed 3.5%
Net income $340,000pa + GST

Cushman & Wakefield are pleased to present 146-148 West Burleigh Road, Burleigh Heads to the market for sale via expression of interest.

• Brand new 15 year lease to 2033 plus options to 2048
• Petit Early Learning Journey – National childcare operator with 16 locations across Australia
• State of the art 3 level childcare centre
• Strategically located on West Burleigh Road adjacent to Stockland Shopping Centre anchored by Woolworths
• Situated within close proximity to Officeworks, Repco, Supercheap Auto and Rebel Sport and 2 kilometers from the bustling James Street precinct and beach
• Gold Coast – Australia’s largest tourist mecca playing host to the 2018 Commonwealth Games with over $13.5 billion worth of infrastructure projects under construction
• Development approval for 108 Long Day Care places
• Lease secured by 3 months rental guarantee
• Tenant pays all outgoings (including Land Tax)
• Land size - 1,067sqm*
• Net income $340,000pa + GST
*Approx.

For sale by expression of interest closing Thursday 7 December at 4:00pm AEDT.

For more information please contact the agents at Cushman & Wakefield.

Property ID: 502621914Last Updated: 5 Apr 2018

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