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This offering provides the opportunity to invest in a secure education investment property leased to Kirana Colleges - one of Australia's fastest growing Registered Training Organisations.
The education sector is becoming a major driver of tenant demand in Brisbane and is being heralded as the country's next mining boom (Australian Financial Review, 2017).
Highlights of the Property include:
- A national tenant covenant, Kirana Colleges has a revenue over $15,000,000 pa
- New 3 year net lease to 2021 + options to 2027
- Strong income growth with fixed 4% annual increases
- Tenant pays outgoings including management fees (excluding land tax)
- Sale includes the new 2018 fit out with significant depreciation benefits
- Secure monthly income stream underpinned by 3 month security bond
- Net income of $117,000* + GST pa
As the exclusive marketing agents, we look forward to assisting you with your enquiries.
*Approximately
314m²
Retail, Offices, Showrooms/Bulky Goods
Investment Information
Fully Tenanted
N/A (Marketed Without Price)
N/A (Marketed Without Price)
* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease
All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply
