About the Business:

– G8 operated since 2005. Licence 15 months to school age.

– Situated directly across the road from a large primary school with over 650 students.

– Established residential suburb of Logan, growth corridor between Brisbane and the Gold Coast.

– This would ideally suit an investor with a childcare operational background as the current lease option expires in December 2020 there is a further option of 5 years that may or not be taken up.

– Current rent is $116,460 and the tenant pays all outgoings including building insurance, excluding land tax which is circa $6,550p.a for 19/20 assessment.

– Established in 1987, the site is 1,550 m2.

Snapshot:

– Location: Logan QLD

– Places: 60

– NET: $109,910

– Rent: $116,460

– Ref: 570

Sale price: $1,500,000

For further information on this opportunity, please contact the undersigned:

Lincoln Bridge

Business Broker – Childcare Specialist

Benchmark Business Sales and Valuations

M: 0424 370 025 T: 1300 366 521 E: [email protected]

If you like to know more about the Business complete our online confidentiality agreement here: https://benchmarkbusiness.com.au/ca-form-3124

or go to www.benchmarkbusiness.com.au and use the reference number #3124 to search for the business.

Benchmark Business Sales and Valuations
The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Education and Training, Child Care

Property Code: 3124