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Crestmead, QLD

Crestmead, QLD
$6,650,000 purchase price
c. 5.25% net yield
1,558 sqm land area
Childcare  asset class
On Market method of purchase
transaction overview

A newly built childcare centre at Crestmead on a 1,558sqm site, purchased for $6,650,000 on a yield near 5.25%.

The 20 year triple net lease means the tenant carries the outgoings, and a new building keeps capital expenditure off our client's plate for years.

Nearby amenities

Within 5km
  • Kingston Station
  • Logan Reserve Private Airport
  • Macarthy Fair Shopping Centre
  • Logan Cardiology & Specialist Centre
Within 10km
  • Loganlea Station
  • Meadowbrook Shopping Centre
  • Woolworths
  • Pioneer Drive Park
Within 25km
  • Runcorn Station
  • Archerfield Airport
  • Rochedale Shopping Village
  • Beenleigh Medical Centre

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