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127 Darra Station Road
Darra QLD 4076
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Sold on 18 Oct 2021

127 Darra Station Road Darra QLD 4076

  • Shop & Retail
  • 741 m²
  • Sold

Impressive New Metro Childcare Centre Adjoining Major School

  • New 15 + 15 + 15 Year Net Lease
  • Fixed 3% Annual Rent Increases
  • Net Income $379,598 pa + GST

Cushman & Wakefield is pleased to present to the market 127 Darra Station Road, Darra for Sale via Auction.

The property has the following key characteristics:

- Brand new 15 year lease to 2036 + two further attractive 15 year options to 2066
- Kids Club ELC - Proven & successful national childcare provider with a network of 33 centres
- Newly constructed improvements providing optimal tax depreciation benefits
- Well-appointed 105 place facility featuring expansive play areas across 2 levels & 21 car parks
- Commanding corner site boasting direct frontage to local thoroughfare Darra Station Road & directly opposite new $9 Million Darra Train Station 'Park n Ride' for 440 commuters
- Perfect childcare location adjoined to Our Lady of the Sacred Heart Primary School & 300m from Darra Primary School
- Short 2 minute drive to access Ipswich Mwy M7 & Western Fwy M5 - Major Brisbane arterials collectively carrying 172,000+ vehicles daily
- Darra - A well-established residential suburb 13 km from Brisbane's CBD & the epicentre of Brisbane's Southwest Industrial corridor - Major occupiers include Coca-Cola, Volvo, Myer & Star Track Express
- Sought after net lease - Tenant pays all outgoings including Land Tax
- Secure lease structure including 'ratchet' provision, ensuring rent cannot decrease
- Lease secured by 12 month Bank Guarantee & Directors Personal Guarantees
- Fixed 3% annual increases
- Net Income $379,598 pa + GST

The investment is for sale by way of Cushman & Wakefield National Portfolio Auction on Monday 27 September at 1pm.

All interested parties will have access to our Live Stream & Online Bidding Platform strictly via prior arrangement.

Brisbane Live Stream & Bidding Facilities will be available at the below venue;

Brisbane - Dexus Place - Waterfront Place, Level 31, 1 Eagle Street

Should you hold interest in bidding on the asset from the above location or via the Online Bidding Platform, please contact the exclusively appointed Cushman & Wakefield property professionals.

Property Highlights

Date Sold18 Oct 2021
Floor Area741 m²
Land Area1,458 m²
Parking21 x Onsite parkings
Building TypeWhole building
Property ID2017219258
Category
Last updated  28 Sep 2021
Map for 127 Darra Station Road Darra QLD 4076

Property Highlights

Date Sold18 Oct 2021
Floor Area741 m²
Land Area1,458 m²
Parking21 x Onsite parkings
Building TypeWhole building
Property ID2017219258
Category
Last updated  28 Sep 2021
Level 11, 123 Eagle Street Brisbane City QLD 4000
Cushman & Wakefield Brisbane
Cushman & Wakefield Brisbane

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