SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Modern Childcare Investment, National Provider

507 - 511 Davidson Street, Port Douglas QLD

Description

+ Secure 15 year lease to Petit Early Learning to 2029
+ Minimum 2.5% annual rent increases + ‘ratchet’ provisions
+ 576 sqm state-of-the-art facility, licensed for 88 LDC places
+ Petit Early Learning: highly experienced and successful early eduction provider with 16 centres
+ Triple net lease with tenant responsible for all outgoings incl.: insurance, maintenance, repairs (capital & structural) + multiple holding land tax
+ High profile 2,663 sqm main road corner site, with 20 car spaces
+ Port Douglas: tourist mecca and gateway to the Great Barrier Reef and the Daintree National Park
+ Substantial income tax saving depreciation benefits
+ Net Income: $207,894 pa + GST and outgoings

For Sale
Offers to Purchase

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,663 SQM
Building Area
576 SQM

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