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DESCRIPTION:Rare Entry-Level Freehold Childcare Centre | 5-Year Net Lease 
 to 2030 + Options to 2045\nCBRE is pleased to offer to the market a rare 
 entry level childcare centre located at 230 Bayswater Road\, Currajong (T
 ownsville) QLD 4812 for sale via Investment Portfolio Auction 184.\n\nThi
 s opportunity has the following key investment highlights:\n+ Five (5) ye
 ar net lease to Noah's Ark Kindy to 2030 plus three (3) further five (5) 
 year options to 2045\n+ Noah's Ark Kindy: established privately owned and
  operated independent childcare provider successfully operating for over 
 10 years with a high-level of occupancy (1)  \n+ Landlord favourable net 
 lease structure with tenant responsible for 100% of outgoings\, including
  land tax\n+ Attractive fixed 4% annual rent increases ensuring consisten
 t and compounding rental growth \n+ Prominently positioned 809sqm* landho
 lding with direct frontage to Bayswater Road (2)  \n+ Bayswater Road: key
  Townsville arterial with exposure to 150\,000+ vehicles passing weekly (
 3) \n+ Tidy 43 LDC place childcare centre\, complete with nursery\, learn
 ing rooms and outdoor playground \n+ Perfect childcare location: within a
 n extremely dominant schooling catchment\, located just 400m* of Marian C
 atholic School (373 students*) with an additional 14 schools\, supporting
  7\,806 full-time students* located within a 3km* radius of the centre (3
 ) \n+ Perfectly located within a prominent retail corridor with Castletow
 n Shopping Centre\, Warrina Shopping Complex and Domain Central\, anchore
 d by Coles\, Woolworths\, Big W\, The Reject Shop\, BCF\, Autobarn\, The 
 Good Guys\, Chempro\, JB HI-FI\, TK Maxx\, Silly Solly's\, Joyce Mayne an
 d 100+ specialty retailers all located within 2km*    \n+ Currajong: esta
 blished central suburb of Townsville with median house prices increasing 
 22% in the last 12 months and located just 4km* from the Townsville CBD (
 4) (5) \n+ Townsville: largest city in Northern Australia\, with populati
 on forecast to grow 52% to 306\,053 residents by 2046 with $27 billion in
  infrastructure projects underway (6) (7)\n+ Net income: $88\,400 pa + GS
 T (as at July 2026) ($2\,055 per place) \n\nFor Sale via Investment Portf
 olio Auction 184\n10:30am (AEST) Thursday 14 May 2026\nLevel 3\, Waterfro
 nt Place\, Brisbane\n\nPlease contact the exclusively appointed CBRE team
  for more information.\n\n*Approx.\n\n1. Noah's Ark Kindy\n2. Gap Maps\n3
 . Townsville City Council\n4. Realestate.com\n5. Google Maps\n6. Communit
 y ID\n7. Townsville Enterprise
DTEND:20260514T113000
DTSTAMP:20260420T102136Z
DTSTART:20260514T103000
LOCATION:Level 3\, 1 Eagle St\, Brisbane
SEQUENCE:0
SUMMARY:Auction: 230 Bayswater Road\, Currajong QLD
UID:CRE-2020775834-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>Rare Entry-Level Freehold Childcare
  Centre | 5-Year Net Lease to 2030 + Options to 2045 <br/> CBRE is please
 d to offer to the market a rare entry level childcare centre located at 2
 30 Bayswater Road\, Currajong (Townsville) QLD 4812 for sale via Investme
 nt Portfolio Auction 184. <br/>  <br/> This opportunity has the following
  key investment highlights: <br/> + Five (5) year net lease to Noah's Ark
  Kindy to 2030 plus three (3) further five (5) year options to 2045 <br/>
  + Noah's Ark Kindy: established privately owned and operated independent
  childcare provider successfully operating for over 10 years with a high-
 level of occupancy (1)   <br/> + Landlord favourable net lease structure 
 with tenant responsible for 100% of outgoings\, including land tax <br/> 
 + Attractive fixed 4% annual rent increases ensuring consistent and compo
 unding rental growth  <br/> + Prominently positioned 809sqm* landholding 
 with direct frontage to Bayswater Road (2)   <br/> + Bayswater Road: key 
 Townsville arterial with exposure to 150\,000+ vehicles passing weekly (3
 )  <br/> + Tidy 43 LDC place childcare centre\, complete with nursery\, l
 earning rooms and outdoor playground  <br/> + Perfect childcare location:
  within an extremely dominant schooling catchment\, located just 400m* of
  Marian Catholic School (373 students*) with an additional 14 schools\, s
 upporting 7\,806 full-time students* located within a 3km* radius of the 
 centre (3)  <br/> + Perfectly located within a prominent retail corridor 
 with Castletown Shopping Centre\, Warrina Shopping Complex and Domain Cen
 tral\, anchored by Coles\, Woolworths\, Big W\, The Reject Shop\, BCF\, A
 utobarn\, The Good Guys\, Chempro\, JB HI-FI\, TK Maxx\, Silly Solly's\, 
 Joyce Mayne and 100+ specialty retailers all located within 2km*     <br/
 > + Currajong: established central suburb of Townsville with median house
  prices increasing 22% in the last 12 months and located just 4km* from t
 he Townsville CBD (4) (5)  <br/> + Townsville: largest city in Northern A
 ustralia\, with population forecast to grow 52% to 306\,053 residents by 
 2046 with $27 billion in infrastructure projects underway (6) (7) <br/> +
  Net income: $88\,400 pa + GST (as at July 2026) ($2\,055 per place)  <br
 />  <br/> For Sale via Investment Portfolio Auction 184 <br/> 10:30am (AE
 ST) Thursday 14 May 2026 <br/> Level 3\, Waterfront Place\, Brisbane <br/
 >  <br/> Please contact the exclusively appointed CBRE team for more info
 rmation. <br/>  <br/> *Approx. <br/>  <br/> 1. Noah's Ark Kindy <br/> 2. 
 Gap Maps <br/> 3. Townsville City Council <br/> 4. Realestate.com <br/> 5
 . Google Maps <br/> 6. Community ID <br/> 7. Townsville Enterprise</P></b
 ody></html>
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