Location: QLD - BRISBANE SUBURBS -Brisbane

Category: Child Care Center

Asking Price: $1,800,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed

Land Area: 2,300m2

Improvements - Year of Construction:
Construction date 1970 as a former civic administration building, then converted and extended for use as a Child Care Centre circa 2004/05 having a gross building area of some 653 square meters of main area and licensed to accommodate 120 places.

Income Details:
The entire property is currently occupied by one tenant with lease in place.
Lease Details:
Lessee: National Childcare Centre Operator
Lease Term: Ten (10) years expiring Oct 2015
Options to Lease: Three (3) x five (5) year terms
Rent: As at 24th October 2008 shall be $144,239.96 plus GST per annum


Price: $1,850,000.00 excluding GST
Conditions of Sale: Cash settlement 30 days.

Inspection and further particulars:

Contact the Owners Appointed Selling Agent:
H R Tiller, Licensed Agent South Australia
In Association with:

Scan Business Brokers
Suite 5 / 621 Wynnum Road,
Morningside, Qld, 4170.
Ross Tiller
Managing Director
Phone: (07) 3902 2400
Fax: (07) 3399 4288
E-mail: tiller@scanbusinessbrokers.com.au
Features include

Premises: None

For Sale
Price: $1.85m excluding GST

Inspections
By appointment

ph: 07 3902 2400
fax: 07 3399 4288

Level 1, 163 Wharf Street
Spring Hill. QLD 4000