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Story House Childcare, 23-25 Erin Street
Wilsonton QLD 4350
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Sold on 5 Jul 2022

Story House Childcare, 23-25 Erin Street Wilsonton QLD 4350

  • Medical / Consulting
  • 236 m²
  • Sold

Immaculate Childcare Centre - 20 Year Net Lease to 2040

  • National operator - 38+ centres
  • Dominant childcare location
  • Fixed 3% annual rent increases

Stonebridge National Investment Sales is pleased to present to the market Story House Childcare, Wilsonton (Toowoomba), for sale via National Portfolio Auction.

The asset has the following key investment features:

- Secure 20 year net lease to December 2040 + options to 2060

- Story House Early Learning Highly experienced and trusted childcare operator across 38+ centres nationally

- Prime 2,029 sqm* site with 21 dedicated car parks

- Immaculate 100 place childcare centre constructed with bespoke finishes and vast playscape, offering significant depreciation benefits

- Strategic childcare location only 650 m* from three major schools and St Andrew's Hospital plus 15 further schools within 3 km*

- Dominant position only 50 m* from Woolworths & Coles anchored Wilsonton Shopping Centre - $120 million of recent upgrades

- Conveniently situated 360 m* from major arterial Bridge Street, (17,000+ vehicles daily) providing an ease of access for families

- Toowoomba Dynamic southeast Queensland city with strong $11 Billion economy, booming population set to exceed 200,000 by 2036

- Net Lease - Tenant pays all outgoings including Land Tax, Management Fees and general Repairs & Maintenance

- Fixed 3% annual rent increases

- Net Income $257,500 pa* + GST

*Approximate

The Investment is for sale by way of Stonebridge National Portfolio Auction on Wednesday 6th July, commencing at 11am. The Auction will be held at Sofitel Sydney Wentworth's 'Hobart Room', located on Level 2, 61-101 Phillip Street, Sydney NSW.

Prospective purchasers & interested parties will have access to remote bidding facilities in Brisbane & Melbourne, as well as via our Live Stream & Online Bidding Platform, strictly via prior arrangement.

Please contact the exclusively appointed Stonebridge property professionals for more information.

AUCTION

Auction date and time06/07/2022 11:00
Auction locationSofitel Sydney Wentworth's 'Hobart Room', located on Level 2, 61-101 Phillip Street, Sydney NSW

Property Highlights

Date Sold5 Jul 2022
Floor Area236 m²
Land Area2,029 m²
Parking21 x Onsite parkings
Building TypeWhole building
Property ID2017853372
Category
Last updated  5 Jul 2022
Map for Story House Childcare, 23-25 Erin Street Wilsonton QLD 4350

Property Highlights

Date Sold5 Jul 2022
Floor Area236 m²
Land Area2,029 m²
Parking21 x Onsite parkings
Building TypeWhole building
Property ID2017853372
Category
Last updated  5 Jul 2022

Co-Agents

Tom Moreland
Stonebridge Property Group Pty Ltd
Call
0408 072 822
Michael Collins
Stonebridge Property Group Pty Ltd
Call
0404 023 204
Thomas Proberts
Stonebridge Property Group Pty Ltd
Call
0439 588 019

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