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Burgess Rawson - Brisbane

507 - 511 Davidson Street Port Douglas, QLD 4877

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507 - 511 Davidson Street,
Port Douglas, QLD 4877

Medical & Consulting • Shops & Retail • Other

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Burgess Rawson - Brisbane
Glenn Conridge

Burgess Rawson - Brisbane

Level 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Brisbane
507 - 511 Davidson Street
Port Douglas, QLD 4877

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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

Property ID: 503165682Last Updated: 3 May 2021

Burgess Rawson - Brisbane
Level 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000

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