15 Pikett Street
Clontarf, 4019 QLD

Entry-Level Childcare Investment

Floor area approx 381sqm

Situated along within the well-established suburban pocket of Clontarf is this entry-level, long-standing childcare centre. The small 44-place centre has been occupied by Beehive Kindy for several decades.

Key Features:
- Occupied by Beehive Kindy for several decades
- New 5-Year lease expiring in Feb 2031 with an additional 2 x 5 year options
- Net income of $70,000* PA + GST
- Future security against inflation with annual increases the greater of CPI or 3%
- Licensed for 44 LDC places

approx.

For a copy of the sales analysis, or to discuss your commercial requirements, please contact the selling agents Grant Brix & Doyle Bissett from X Commercial.

Brix Realty Pty Ltd ACN 662 868 359 trading as X Commercial Inner North Brisbane (we, us) make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. The information is general information only and any examples given are for illustrative purposes.

Sold $1,400,000

Inspect

Inspection of this property is available strictly by arrangement only.

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