396-398 Rio Vista Blvd Mermaid Waters QLD 4218

Shop & Retail
1,575 m²
Sold

Gold Coast childcare with 15yr triple net lease

Brand new Hamptons style childcare centre opened December 2018
15 year triple net lease to Sanctuary Early Learning Adventures with 3.5% annual rent reviews
98 place centre offering best in class childcare facilities, including expansive outdoor playscape and in house meal preparation
Strong performing tenant already trading well above QLD state and national occupancy benchmarks
High-spec build with substantial depreciation benefits in effect
1,575sqm high profile corner site in the affluent Gold Coast suburb of Mermaid Waters
Perfect childcare demographic - Gold Coast seeing an annual population growth of over 2.25% with a high percentage of working families
Sanctuary Early Learning Adventures - highly qualified tenant with a strong track record of successful childcare operation
Triple net income of $375,000p.a.

The property is being offered For Sale via Expressions of Interest closing 4pm (AEST) Tuesday 16 April.

JLL Brisbane

Central Plaza One,

Brisbane City, QLD 4000

Property Highlights

Date Sold	30 Apr 2019
Floor Area	Ask Agent
Land Area	1,575 m²
Parking	Ask Agent
Property ID	2015025203
Category	Shop & Retail Other
Last updated	5 Jun 2019

Map for 396-398 Rio Vista Blvd Mermaid Waters QLD 4218

Nearest transport* to 396-398 Rio Vista Blvd Mermaid Waters QLD 4218

Bus

Train

Tram

Ferry

Rio Vista Bvd near Cottesloe Dr	27 m
Rio Vista Bvd near Karabella Ct	155 m
Rio Vista Bvd near Compass Ct	473 m
Rio Vista Bvd near Crestmore Ct	484 m

*Within a 4km radius

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JLL Brisbane

Central Plaza One,

Brisbane City, QLD 4000

Property Highlights

Date Sold	30 Apr 2019
Floor Area	Ask Agent
Land Area	1,575 m²
Parking	Ask Agent
Property ID	2015025203
Category	Shop & Retail Other
Last updated	5 Jun 2019

Listed by

Elliott O'Shea

JLL Brisbane

Call

+61 413 838 717

More about 396-398 Rio Vista Blvd Mermaid Waters QLD 4218

396-398 Rio Vista Blvd Mermaid Waters QLD 4218 is categorized as Shop & Retail Property. It has a land area of 1,575 m². The listing ID for this property is 2015025203.