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SOLD - Eagleby (Brisbane) - High Occupancy, Extraordinary Childcare Investment
7 Cowper Avenue Eagleby QLD 4207
Investments
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Property No.
Key Property Highlights
| Land Area | 2018 sqm |
|---|---|
| Parking | 19 |
| Listing Status | Sold |
Cushman & Wakefield is pleased to present to the market 7 Cowper Avenue, Eagleby (Brisbane) for Sale via Forthcoming Auction. Immediate offers are welcome.
The property has the following key characteristics:
- 10 year lease to 2029 + options to 2049
- Kids ELC - Strong performing operator with outstanding occupancy, 15 Centres in QLD
- Desirable net lease - Tenant pays all outgoings including Land Tax
- 10 schools within 3 km & 200m to IGA Eagleby Shopping Centre, Subway, Red Rooster & 7-Eleven
- Significant 2,018 sqm land holding improved by a striking, architecturally designed 95 place childcare centre
- Well-connected suburb within the Brisbane to Gold Coast growth corridor & only 25 minutes drive to CBD
- Lease secured by Director’s Personal Guarantees & bond equivalent to 3 months’ rent
- Fixed 3% annual rent increases
- Net Income $226,600 pa + GST
For more information please contact the exclusively appointed property professionals at Cushman & Wakefield.