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87 Coes Creek Road Burnside, QLD 4560

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87 Coes Creek Road,
Burnside, QLD 4560

Shops & Retail • Other

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For Sale Prime Childcare investment on Qld's Sunshine Coast

  • 75 Place purpose built centre
  • Great Sunshine Coast location and tenant
  • Strong return of over 6% on investment
This purpose built Childcare freehold Investment property is secured on a long and exceptionally strong lease to the Australia's second largest childcare operator in Affinity Education. This previously ASX listed company has 150+ Childcare Centres nationally, and the portfolio of 10 Tadpoles Early Learning centres, are certainly 1 of the Jewels in their crown.
This childcare centre is located on it's own title, it is situated at the entrance to a large suburban shopping centre which in turn is secured by IGA and a perfect tenancy mix of numerous small - medium sized businesses.
The tenants are responsible for all out goings (except land tax) and all maintenance.
The location of Burnside is a booming residential area that is an easy 10 km drive from the Sunshine Coast and Maroochydore.

* Childcare centre.
* Purpose built to a brilliant design = extremely high future demand if required after the 25 year lease.
* Long 10 year Lease in place.
* Options of 1 x 10 year and 1 x 5 year.
* AAA Grade Corporate Tenant - Affinity http://affinityeducation.com.au http://tadpoles.com.au/#centres.
* National Quality Standards Rating on the business is .......... Exceeding NQS.
http://www.acecqa.gov.au/assessments-and-ratings
* Great location in a very Strong Catchment.
* Constructed 2008 - some depreciation benefits may apply.
* Rent $126,227 pa net + outgoings.
* Offers Over $1,900,000 or 6.5% +- net return on investment.

Property ID: 501999882Last Updated: 29 Aug 2016

07 3357 38...
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87 Coes Creek Road
Burnside, QLD 4560
Richardson & Wrench - Ascot
2/146 Racecourse Road
ASCOT, QLD 4007

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