Burgess Rawson is pleased to offer to the market, 60 Investigator Drive, Robina (Gold Coast) QLD, for sale via our Investment Portfolio Auction 159.
This opportunity has the following key investment highlights:
+ Secure 15-year net lease to 2036.
+ Three further 10-year options to 2066.
+ Affinity Education: One of Australia's largest early education providers with 190+ locations.
+ Annual rent increases to the greater of CPI or 2.5%.
+ Tenant pays all outgoings including land tax.
+ Long established 122 LDC place centre in operation since 2004.
+ Strong-trading business at 95% occupancy.
+ Strategic 2,294sqm* corner site with favourable Special Purpose Zoning, located within the complementary Robina Hospital anchored 'Robina Health Precinct'.
+ Situated amongst a significant educational precinct, 80 metres from Robina State High School and within close proximity from All Saints Anglican School, Robina State School and Clover Hill State School.
+ Convenient central location metres from Robina Town Centre, the Gold Coast's premier retail and leisure shopping centre anchored by 7 national tenants including Woolworths, Coles, David Jones and over 460 specialty retailers.
+ Gold Coast: one of Australia's fastest-growing cities with a current population of 620,518 and forecast to grow to 1,000,000+ by 2050.
+ Child care/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding. In 2021-22, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year**
+ Net Income: $477,808 pa* + GST.
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 30 March 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson childcare team for more information.
*Approx.
**Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).