3-5/31 Thompson Street Bowen Hills QLD 4006

Your Commercial is pleased to present to the market Papilio Early Learning; 3-5/31 Thompson St, Bowen Hills as exclusive agents. Located in the heart of Bowen Hills, with direct accessibility from main thoroughfares including the ICB, Abbotsford and Sandgate Road, the property gives you the opportunity to secure a strong investment with plenty of future development potential.

Key features:
+ Secure 20-year net lease to June 2042
+ Two further 10-year options to 2062
+ Annual rent increases to the greater of CPI or 4.0% (exception of year 6 + 16)
+ Passing rent $327,408.31 p.a
+ Net rent $290,802.31 p.a
+ Leased to Affinity Education: One of Australia's leading childcare operators with 190 + locations

For a copy of the IM, or to arrange an inspection, contact Your Commercial today.