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Mixed use
For Sale
100 Callum Street, Cairns (Evolve Education)
Callum Street, Mooroobool
EOI Closes: Thursday, 7 July 2022
POA
Price
1390sqm
Size
mixed use
Description
FOR SALE BY EOI - CLOSING 5PM FRIDAY 8 JULY 2022 ? Triple Net Lease to 2033 + options to 2043 ? Minimum 3% annual rent increases ? Tenant pays all outgoings including Land Tax, management fees, repairs and maintenance ? Evolve Education: ASX listed early learning provider with more than 125+ Centres across Australia and New Zealand ? Established early learning facility licenced for 74 LDC places ? Situated in a convenient residential area of Cairns, 3.5km from the CBD ? Net Income: $143,215 + GST
