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Childcare Centre, 2 Blackbutt Place Byron Bay, NSW 2481

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Childcare Centre, 2 Blackbutt Place,
Byron Bay, NSW 2481

Shops & Retail • Medical & Consulting

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Entry Level Asset Leased to Australia's Largest Operator

  • Triple Net Lease
  • Australia’s Largest Childcare Operator
  • Long established 251 sqm facility
Fifteen (15) years to 8 Goodstart Early Learning Limited to June 2023.
Two (2) further terms of five (5) years, each with a five (5) year notice period.
Annual CPI reviews with a 2.5% minimum increase and a 6% maximum increase.
Next Market Review date is 8 June 2018, rent can not reduce as a result of the market review and the review is capped at 7.5%.
Tenant responsible for rates, insurance and repairs and maintenance (including structural), management fees and land tax (where applicable).
$55,543 pa (approx).

Unique Child care Portfolio Auction be held on Wednesday 25 June at 10:30am
Crown Conference Centre, 25 Whiteman Street, Southbank, Opposite Crown Towers

Interstate bidding available
Live webcast and registered interstate bidding by prior arrangement at the following locations:
Sydney: Mezzanine Level, 50 Margaret Street
Brisbane: Level 20, 307 Queen Street

Property ID: 501164863Last Updated: 15 Aug 2016

04189989...
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Childcare Centre, 2 Blackbutt Place
Byron Bay, NSW 2481
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

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