New Land Rich Brisbane Childcare Centre – 20 Year Net Lease to 2044 + Options

  • $5,000,000/Contact Agent

Property Description

Stonebridge is pleased to present ‘Happy Hearts Childcare Warner (Brisbane)’ for sale via Immediate Offers to Purchase .

The asset boasts the following key investment features:

– Brand new 20 year net lease to 2044 + options to 2064 with valuable fixed 3.5% annual rent increases

– Happy Hearts Childcare – Successful multi-site operator with a proven 14 year track record and growing network 9+ centres

– Strong performing centre in undersupplied childcare catchment, whereby there are four 0-5 year olds for every LDC place within 3km*

– Land rich 4,902 sqm* landholding with 49 car parks, offering twice the required outdoor playscape for children

– Brand new architecturally designed childcare facility for 142 places, developed by award-winning Queensland builder, Ausbuild, and offering maximum depreciation benefits

– Strategically positioned between two master planned communities, delivering 639 new homes to the suburb

– Highly connected – 15 schools within a 10 min drive* and 1 min* from South Pine Road, carrying 33,355+ vehicles daily*

– Warner – Rapidly expanding Brisbane suburb 17 km* from the CBD, neighbouring Brendale’s significant industrial precinct and part of the Moreton Bay region, population forecast to grow over 40%* to 690,000+ residents by 2041

– Net Lease – Tenant pays all usual outgoings including Rates, Insurance, General Repairs & Maintenance and Land Tax

– Outstanding lease security including 6 month Bank Guarantee & Director’s Personal Guarantees

– Net Income $484,220 pa* + GST

‘Happy Hearts Childcare Warner (Brisbane)’ is for sale via Immediate Offers to Purchase.

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

*Approximately

Property Code: 1111

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