Childcare centre in Brisbane up for sale at Burgess Rawson auction
Prateek ChatterjeeDecember 7, 2020
A childcare centre in Brisbane with a new 15-year lease will go under the hammer at a Burgess Rawson auction in Melbourne on May 18.
The purpose-built facility at 3 Camelia Avenue, Everton Hills has a land area of 2,190 sqm and is licensed for 91 LDC places.
Its 15-year lease expires in 2031 with options for two 10-year extensions.
The centre earns a net income of $191,067 pa with a minimum 3 percent annual rent increases.
According to Burgess Rawson, it is a well regarded and successful child care provider with an additional centre in Bald Hills and more than 15 years experience.