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SOLD - Roma - High Yielding Childcare Investment
186-188 McDowall Street Roma QLD 4455
Investments
Investment
Property No.
Key Property Highlights
| Land Area | 3219 sqm |
|---|---|
| Listing Status | Sold |
Cushman & Wakefield are pleased to present the Roma Affinity Childcare Centre at 186-188 McDowall Street to the market.
The asset is underpinned by the following key investment features:
- Secure 20 year lease to 2033 + options to 2044
- Affinity Education Group - Highly reputable and experienced operator with over 160 Centres
- Large, high profile 3,219 sqm site benefitting from three street frontages totaling 149 metres
- Purpose built, modern long day care centre licensed for 114 places
- Roma - The capital of south-west Queensland, acting as the primary hub for the Maranoa region (thriving agricultural region worth over $620M annually)
- Tenant pays all usual outgoings (excluding Land Tax)
- Significant income growth locked in with fixed 5% annual rent increases
- Net Income $227,762 pa + GST
The property is for sale via offers to purchase.
For more information please contact the exclusive agents at Cushman & Wakefield.