56 Freda Street, ASHMORE, QLD, 4214

+ 15 year net lease to The Cottage Ashmore to 2035

+ Two further ten year options to 2055

+ The Cottage Ashmore: boutique early education provider with 8+ years industry experience

+ Desirable 3% annual rent increases

+ Tenant pays all usual outgoings

+ Recently updated 46 LDC place childcare centre

+ Strong performing centre with consistent occupancy in excess of 90% and rated “Exceeding” under the National Quality Framework (NQF)

+ Strategic 1,018sqm corner site, opposite Trinity Lutheran College’s Junior Campus (P-5) and metres from Southport Nerang Road

+ Gold Coast: One of Australia’s fastest-growing cities, the Gold Coast is experiencing rapid growth with current population of 620,518 and projected grow to over 1,000,000 by 2050

+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019/20 financial year

+ Net Income: $131,790 pa + GST

For Sale by Investment Portfolio Auction

11AM (AEDT) Wednesday 24 February 2021

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