Strategic Childcare Near School – 10 Year Net Lease + Options to 2062

  • $1,500,000/Contact the Stonebridge Team

Property Description

Stonebridge is pleased to present ‘Journey Early Learning Mackay’ for sale via Immediate Offers to Purchase.

The asset boasts the following key investment features:

– Secure 10 year net lease to 2032 + options to 2062 with fixed 3% annual rent increases

– Journey Early Learning – Highly qualified, national operator with a network of 39+ childcare centres across the Eastern Seaboard

– Strong performing 74 place childcare centre situated on a generous 2,140 sqm* landholding with 19 on-site car parks

– Perfectly positioned only 260m* from prestigious Whitsunday Anglican School (899+ students), plus 16 schools within a 3km* radius of the property

– Located in a major growth pocket host to a brand new Bunnings, ALDI and Homemaker Centre, plus adjacent to a significant residential estate, part way through delivering 252+ new homes

– Well connected location, 3.7km from the CBD and only 1 minutes’ drive* from major thoroughfare Mackay Bucasia Road, carrying 24,500+ vehicles daily*

– Mackay – Thriving regional centre possessing a diverse $22.3 Billion* economy and home to 125,000+ residents, forecast to grow 28% by 2041*

– Lease secured by 3 month Bank Guarantee & Director’s Personal Guarantee

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

– Net Income $184,413 pa* + GST

*Approximately

‘Journey Early Learning Mackay’ is for sale via Immediate Offers to Purchase.

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

Property Code: 1157

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