Childcare centre in Brisbane up for sale at Burgess Rawson auction

Childcare centre in Brisbane up for sale at Burgess Rawson auction
Prateek ChatterjeeMay 10, 2016

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.

Editor's Picks

Overseas buyer shares why she chose Melbourne Square in Southbank: Urban Buyer Q&A
Zero stamp duty available at The Collection in Alphington
Consolidated Properties buys riverfront Newstead site from Mirvac
First look: Lendlease secures approval for One Darling Point
City of Sydney backs Charter Hall’s $925m Hyde Park tower