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Auction | Retail new

New Metro Childcare Centre - 15 Year Lease to National Operator

5 Bringelly Street
Arana Hills, QLD 4054
Inquire About This Property
Building Size:
514 SQM
Lot Size (SQM):

Cushman & Wakefield is pleased to present to the market 5 Bringelly Street, Arana Hills for Sale via Auction. The property has the following key characteristics: - Brand new 15 year lease to 2036 + options to 2056 - Kids Club ELC - Proven and successful national childcare provider boasting a network of 33 early learning centres - Brand new multi-storey childcare centre offering significant depreciation benefits - Architecturally designed, state of the art facility with 514 sqm of the latest creative childcare fit-out plus an additional 571 sqm of expansive outdoor play area, licensed for 80 Long Day Care places - Commanding 1,427 sqm corner site benefitting from excellent exposure to busy Patrick’s Road - Prime position directly opposite major shopping centre and commercial precinct home to ALDI, Coles, Commonwealth Bank, Kmart, Hungry Jacks and Guzman Y Gomez - Strategic childcare location within 3 km of 10 schools and closeby to Ferny Grove and Grovely Train Station’s and TAFE - Arana Hills - Family friendly suburb 13 km from Brisbane CBD with favourable childcare demographics - double income families and affordable metropolitan living - Lease secured by 3 month Bank Guarantee and Directors Personal Guarantee - Fixed 3% annual rent increases - Net Income $280,999 pa + GST The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Wednesday 28 July at 10am at Doltone House Hyde Park, located on Level 3/181 Elizabeth Street, Sydney NSW 2000. Prospective purchasers and interested parties in this tenanted investment will have access to remote bidding facilities in both Brisbane and Melbourne. Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield. - Brisbane - North
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