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