Stonebridge National Investment Sales is pleased to present 'Eden Academy Woodridge (Brisbane)' for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Brand new 20 year net lease to 2043 + options to 2063 with fixed 3% annual rent increases
- Eden Academy - Premium, boutique national childcare operator with a leading network of 30+ centres^
- Large 4,019 sqm* site, improved by 86 place facility with 19 on-site car parks and immediate upside via DA approved residential subdivision
- Purpose built childcare centre completely refurbished in September 2023 offering strong depreciation benefits
- Outstanding childcare location, directly opposite Harris Fields State School and nearby two further schools, placing 1,317 primary school students within 950 metres*, plus an additional 17 schools within 3 km*
- Prominent signage to Smith Road and neighbouring primary school, only 230 metres* from major arterial Kingston Road, carrying 35,414+ vehicles daily
- Strategic position within south Brisbane employment nodes, hosting Bunnings, IKEA, ALDI, Woolworths, Coles, Kmart, Officeworks, BCF, Anaconda, Spotlight, McDonald's, Hungry Jack's, KFC & more within 2km* of the centre
- Woodridge - 17 km* south of the CBD and part of burgeoning Brisbane to Gold Coast growth corridor, forecast to grow by more than 50% to circa 548,000 residents by 2041, leading to an unprecedented level of infrastructure investment, with $18.9 billion of publicly funded projects now underway
- Heavily undersupplied catchment 6 children for every 1 childcare place
- Brisbane - Booming capital city and economic engine of the $409 billion* Queensland economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents
- Lease secured by Bank Guarantee equivalent to 3 months' rent and outgoings + GST
- Net lease Tenant pays all usual outgoings including Insurance and Land Tax
- Net Income $296,700 pa* + GST
Eden Academy Woodridge (Brisbane) is offered for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
^Operational by the end of 2023
Property Code: 768
