SOLD - The Best Childcare Centre in Townsville - 100% Occupancy

Cushman and Wakefield are pleased to present to the market 52 South Vickers Road, Townville for sale via Public Auction.

• Kids Early Learning - Highly regarded and strong performing operator with 15 centres throughout QLD
• Desirable net lease - Tenant pays all outgoings including Land Tax
• Outstanding 90 place Centre with unrivalled improvements in the region including state of the art finishes and water park
• New residential precinct - Ideal childcare demographics
• Excellent location close to numerous schools and accessible from Townsville Hospital, James Cook Uni and Coles anchored Willows Shopping Centre
• Potential for 50% of the first year’s income to be tax free through depreciation benefits*
• Townsville - Capital of North QLD with population of 194,072 and a strong multi-faceted economy
• Fixed 3% annual rent increases
• Net Income $210,000 pa + GST

*Subject to a purchaser’s taxation status

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 4 July at 2pm at the Cushman & Wakefield Sydney Office, located on Level 22, 1 O’Connell Street, Sydney NSW 2000.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive agents.