160-162 Hoare Street,
Manunda, QLD 4870
Medical & Consulting • Shops & Retail • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
160-162 Hoare Street
Manunda, QLD 4870
Map of 160-162 Hoare Street
Triple Net Lease to Australia’s Largest Childcare Provider
- Triple Net lease to 2029
- Min 2.5% annual rent increases
- Goodstart: 649 centres nationally
+ Renewed Triple Net Lease to Goodstart Early Learning to 2029
+ Goodstart Early Learning: Australia’s largest early education provider with 649 centres nationally
+ Triple Net Lease: Tenant pays 100% of outgoings including: all maintenance (both capital and structural), land tax, rates, management fees and insurance
+ Minimum 2.5% annual rent increases with market reviews at the commencement of each further term
+ Long established child care facility, licensed for 68 LDC places
+ Prominent 1,288 sqm main road site adjacent to Cairns West State School and only 400 metres from Raintrees Shopping Centre underpinned by Woolworths & 44 specialty stores
+ Cairns: Gateway to Australia’s Great Barrier Reef, with an economic output of $10.25 billion and supporting 87,392 local residence.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding of $10.5 billion in the 2019/20 financial year
+ Net Income: $155,773 pa + GST and Outgoings (June 2021)
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021 (unless sold prior)
Crown Casino, Melbourne
+ Goodstart Early Learning: Australia’s largest early education provider with 649 centres nationally
+ Triple Net Lease: Tenant pays 100% of outgoings including: all maintenance (both capital and structural), land tax, rates, management fees and insurance
+ Minimum 2.5% annual rent increases with market reviews at the commencement of each further term
+ Long established child care facility, licensed for 68 LDC places
+ Prominent 1,288 sqm main road site adjacent to Cairns West State School and only 400 metres from Raintrees Shopping Centre underpinned by Woolworths & 44 specialty stores
+ Cairns: Gateway to Australia’s Great Barrier Reef, with an economic output of $10.25 billion and supporting 87,392 local residence.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding of $10.5 billion in the 2019/20 financial year
+ Net Income: $155,773 pa + GST and Outgoings (June 2021)
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021 (unless sold prior)
Crown Casino, Melbourne
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Property ID: 503802986Last Updated: 12 Jul 2021
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - BrisbaneLevel 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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