Property Description
Stonebridge is pleased to present ‘Canopy Early Education Wilsonton (Toowoomba)’ for sale via National Portfolio Auction on Friday 31 October at 11am (AEDT).
The asset has the following key investment features:
- Brand new 20 year net lease to 2045 plus options to 2065 with fixed 3% annual rent increases
- Canopy Early Education – Longstanding not-for-profit childcare operator with a 30+ year track record and a growing network of strong performing centres
- 100% Occupancy plus waitlist – Strong performing centre for 30 years
- Expansive 1,912 sqm* site improved by purpose built 63 place childcare facility with twice the required outdoor playscape and directly adjoining a 90-bay council car park
- Recently refurbished and beautifully maintained asset, providing modern finishes and favourable depreciation benefits
- Perfect childcare catchment – 650 metres* to Wilsonton State Primary School (482+ students), plus 15 further schools within 3 km* (5,996+ students)
- Nearby major employment nodes including new $1.3 billion* Toowoomba Base Hospital, St Andrews Hospital (500+ staff) and Wilsonton Shopping Centre ($95m* upgrade)
- Toowoomba – Dynamic South-East Queensland city with strong $12.2 Billion economy with population to exceed 200,000+ by 2036
- Secure Net Lease –Tenant pays all usual outgoings including Rates, Insurance, Management Fees, General Repairs & Maintenance and Land Tax, plus 4 month Bank Guarantee
- Net Income $239,400 pa* + GST
