Stonebridge is pleased to present ‘Busy Bees Tingalpa (Brisbane)’ for sale via National Portfolio Auction on Thursday 19 February at 10:30am (AEDT).

The asset has the following key investment features:

– Secure 15 year net lease to 2036 plus options to 2046 with greater of CPI or 3% annual rent increases

– Busy Bees – Premier international childcare operator with a global network of 940+ early learning facilities

– Large 1,412 sqm* landholding improved by a 75 LDC place centre with expansive playscapes

– Strategic childcare location only 870m* to Tingalpa State Primary School (479+ students*) and 5 additional schools within 3 km* supporting 4,932+ combined students*

– Strong performing facility in an undersupplied catchment, whereby there are 3.5 eligible children per available childcare place

– Surrounded by major employment nodes including two large Industrial precincts to the east and west of the property and nearby large format retail outlets, BCF, The Good Guys and Anaconda

– Prime location only 10 km* to Brisbane CBD and 4 minutes* to Gateway Motorway carrying 73,000 vehicles daily*

– Brisbane – Booming capital city and economic engine of the $409 Billion* Queensland economy, population forecast to grow by 40% over the next 20 years to 3.5 million* residents

– Secure Net Lease – Tenant pays all usual outgoings including Land Tax, plus a Bank Guarantee equivalent to 3 months’ rent & outgoings plus GST

– Net Income $226,507 pa* + GST

‘Busy Bees Tingalpa (Brisbane)’ is for sale via National Portfolio Auction on Thursday 19 February at 10:30am (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Our ID: a0TOd00000a6acEMAQ
Our Ref: National Portfolio, Childcare

Property Code: 1547