Burgess Rawson is pleased to offer to market Guardian Childcare Centre located at 36 Lamorna Street, Rochedale South QLD, for sale via our Auction Investment Portfolio 159.
This opportunity has the following key investment highlights:
+ New 20 year net lease to Guardian Childcare to 2042
+ Two (2) further ten (10) year options to 2062
+ Fixed 3% annual rent increases, ensuring strong rental growth
+ Tenant pays all usual outgoings including land tax
+ Guardian Childcare: leading national early education provider, educating more than 10,000 children per day across over 135 locations
+ Newly constructed two-storey childcare centre with approval for 85 LDC places, offering outstanding depreciation benefits
+ Commanding 1,595sqm* site with direct frontage to Lamorna Street and 22 onsite carparks
+ Strategically positioned in a strong schooling catchment, with the site benefiting from its location adjacent to Rochedale South State School (525 students enrolled) and 8 other schools within a 3km* radius
+ Conveniently located within close proximity to major retail centres including Rochedale Shopping Village, Underwood Marketplace Shopping Centre & Springwood Mall, which are underpinned by national tenants such as Woolworths, Coles, Big W, Target, Australia Post and over 107 specialty tenants
+ Rochedale South: heavily undersupplied catchment with a ratio of 7.8 children (0 to 5 year olds) per LDC place, ensuring strong future occupancy
+ Brisbane: the third largest city in Australia, with a population forecasted to grow by 230% to 4.2 million residents by 2050
+ Child care/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding - in 2021-2022, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year^
+ Net Income: $301,325 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 30 March 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
^Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).
