5-9 Freda St, Ashmore (Syd A139)

- Brand New 16 year net lease to 2036 plus options to 2051 - Sanctuary Early Learning Adventure ? Highly qualified, premium childcare provider with multiple centres - Net Lease - tenant pays all outgoings as per the lease including management fees and land tax (single holding basis) - Favourable fixed 3% annual rent increases - Approved for 118 Long day care places - Prominent 3,292sqm site with commanding street frontage of 55m - Impressive state-of-the-art 968 sqm full service facility, 6 Class Rooms from 6 weeks to school age and massive 836 sqm outdoor play area - Huge tax saving depreciation benefits ? potential for 42% of the first years income to be tax free - Excellent lease security - both Bank Guarantee and Personal Guarantee - Ideally located within close proximity to Ashmore State School, Benowa State School and Trinity Lutheran School. Easily accessible from Ashmore Road, Southport Nerang Road and the M1 Pacific Motorway - Gold Coast: One of Australia?s fastest-growing cities, the Gold Coast is experiencing rapid growth with current population of 590,000 and projected grow to over 1 Million by 2050 - Net Income : $457,217 pa + GST This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.