Brisbane Freehold Tenanted Sparrow Childcare Centre – FOR SALE

QCommercial Properties in conjunction with RE/MAX U is proud to exclusively offer to the market a fully tenanted, modern single level purpose built childcare centre with 21 car parks leased to Sparrow Early Learning Childcare Centre. The centre is located 22 kilometres from the Brisbane central business district and comprises of 5 x activity rooms, shared children's amenities, staff room, laundry, outdoor play area & etc. This property is situated on 2,399m2* of freehold land with a building area of approx. 462m2*. Sparrow Early Learning Childcare group is a professional early education provider offering exceptional early childhood education. The brand is expanding and currently has 34* locations across Queensland and Victoria.

• Lessee - Sparrow Nest Early Learnings No 8 Pty Ltd
• Lease Start Date - 20 January 2017
• Lease End Date - 20 January 2027
• Rent $129,429.80 Triple Nett (from 20 January 2021)
• Outgoings - Tenant pays 100% of outgoings (incl Land Tax)
• Annual Reviews - 3% or CPI (whichever is greater)
• Licensed Long Day Places - 67
• Land Area 2,396 m2*
• Building Area - 465 m2*

Please call the Exclusive Marketing Agent for further information and to arrange a private inspection.