Located in the Redland Bay Shire this newly developed childcare centre is located directly opposite the local state school and occupies approx 4,000 sq meters of land comprising of:-
• 50 licensed premises
• 4 bedroom house (currently tenanted @ $300 per week)
• Vacant land which could be further developed or sold off.
The centre has been operating since May 2007 and was valued by a reputable company back in November 2006 at $1,400,000. There is plenty of room to expand the centre to accommodate a 75 place centre as and when business demand warrants. The building could also be utilised as a community hall and would be charged out to third parties, increase revenues an profits
If you wish to purchase the freehold and business the owners are negotiable @ $1,300,000.
If however you are looking for a passive investment the owners are happy to sign a lease and remain as tenants on the following negotiable basis -
Asking price for the freehold $990,00
Lease for 20 years = 4 x 5 year
Tenant to pay all outgoings including rates
Pay rent of $81,400 per annum
You will also benefit from the house which currently earns approximately $15,600 per annum
