BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Rare Entry Level Triple Net Inner-City Childcare | Rated Exceed ing with 100% Occupancy & Waitlist\nCBRE are pleased to present to the mar ket Kids at West End\, located at 18 Mitchell Street\, West End QLD 4101\, for sale via Investment Portfolio Auction 188.\n\nThe opportunity has the following investment highlights:\n \n+ Brand new (15) year triple net lea se to 2041\, plus two (2) further ten (10) year options to 2061\n+ Kids at West End: locally operated early education provider licensed for 60 LDC p laces. The asset has a strong trade history in the area\, underpinned by a n 'Exceeding' NQS Rating (1)\n+ Compounding income growth via fixed 3.50% annual rental increases\n+ Triple net lease structure with tenant responsi ble for 100% of all usual outgoings\, including land tax\, insurance\, and structural repairs and maintenance \n+ Opportunity to purchase below repl acement cost\, underpinned by a tightly held residential catchment and a l and value (UCV) of $2.1 million (2)\n+ Proven 60 LDC place childcare locat ion with 20+ years of continuous operation on site\n+ Rare 831sqm* inner-c ity landholding\, 650m* from West End State School (1500 enrolments)\, 1km * from Brisbane State High School (3500 enrolments)\, and 1.2km* from Somm erville House (1300 enrolments) and St Laurence's College (2000 enrolments ) (3)\n+ Under-supplied childcare location\, with a ratio of 2.5 children (0 - 5 years old) per 1 LDC Place (3)\n+ Prized education precinct boastin g 25* schools and 20\,000+ students within a 3km radius (3)\n+ Strategical ly located 1km* from West Village\, anchored by Woolworths and Harris Farm s\, and within 2km* of various national retailers including McDonald's\, K FC\, ALDI\, Coles\, and Subway (3)\n+ Lease supported by a personal guaran tee and 3-month bank guarantee\, providing additional security and enhance d income protection for investors\n+ West End: booming high-growth LGA\, 3 km* from the Brisbane CBD\, with population forecast to surge 58% to 28\,5 00+ people by 2041 (4)\n+ Childcare/Early Education is an essential servic e asset class with both the Federal and State Governments allocating over $16 billion in funding for FY25\, including $3.6 billion to support wages and $1 billion to expand access in underserved areas (2)\n+ 3-day guarante e for childcare introduced 5th January 2026\, expected to boost overall af fordability and accessibility for childcare throughout Australia\n+ Net In come: $225\,000 pa* + GST ($3\,750/Place*)\n \nFor Sale via Investment Por tfolio Auction 188\n10.30am (AEST) Thursday 29 October 2026\nLevel 3\, Wat erfront Place\, Brisbane City\n \nPlease contact the exclusively appointed sales team for more information\n \n*Approx\n \n(1) ACECQA\n(2) QLD Gover nment\n(3) GapMaps\n(4) Australian Bureau of Statistics DTEND:20261029T113000 DTSTAMP:20260930T010700Z DTSTART:20261029T103000 LOCATION:Level 3\, 1 Eagle St\, Brisbane SEQUENCE:0 SUMMARY:Auction: 18 Mitchell Street\, West End QLD UID:CRE-2021195817-Auction X-ALT-DESC;FMTTYPE=text/html:

Rare Entry Level Triple Net Inner-Cit y Childcare | Rated Exceeding with 100% Occupancy & Waitlist
CBRE ar e pleased to present to the market Kids at West End\, located at 18 Mitche ll Street\, West End QLD 4101\, for sale via Investment Portfolio Auction 188.

The opportunity has the following investment highlights:

+ Brand new (15) year triple net lease to 2041\, plus two ( 2) further ten (10) year options to 2061
+ Kids at West End: locally operated early education provider licensed for 60 LDC places. The asset h as a strong trade history in the area\, underpinned by an 'Exceeding' NQS Rating (1)
+ Compounding income growth via fixed 3.50% annual rental increases
+ Triple net lease structure with tenant responsible for 100% of all usual outgoings\, including land tax\, insurance\, and structu ral repairs and maintenance
+ Opportunity to purchase below replace ment cost\, underpinned by a tightly held residential catchment and a land value (UCV) of $2.1 million (2)
+ Proven 60 LDC place childcare loc ation with 20+ years of continuous operation on site
+ Rare 831sqm* inner-city landholding\, 650m* from West End State School (1500 enrolments )\, 1km* from Brisbane State High School (3500 enrolments)\, and 1.2km* fr om Sommerville House (1300 enrolments) and St Laurence's College (2000 enr olments) (3)
+ Under-supplied childcare location\, with a ratio of 2 .5 children (0 - 5 years old) per 1 LDC Place (3)
+ Prized education precinct boasting 25* schools and 20\,000+ students within a 3km radius ( 3)
+ Strategically located 1km* from West Village\, anchored by Wool worths and Harris Farms\, and within 2km* of various national retailers in cluding McDonald's\, KFC\, ALDI\, Coles\, and Subway (3)
+ Lease sup ported by a personal guarantee and 3-month bank guarantee\, providing addi tional security and enhanced income protection for investors
+ West End: booming high-growth LGA\, 3km* from the Brisbane CBD\, with populatio n forecast to surge 58% to 28\,500+ people by 2041 (4)
+ Childcare/E arly Education is an essential service asset class with both the Federal a nd State Governments allocating over $16 billion in funding for FY25\, inc luding $3.6 billion to support wages and $1 billion to expand access in un derserved areas (2)
+ 3-day guarantee for childcare introduced 5th J anuary 2026\, expected to boost overall affordability and accessibility fo r childcare throughout Australia
+ Net Income: $225\,000 pa* + GST ( $3\,750/Place*)

For Sale via Investment Portfolio Auction 18 8
10.30am (AEST) Thursday 29 October 2026
Level 3\, Waterfront Place\, Brisbane City

Please contact the exclusively appoin ted sales team for more information

*Approx

(1 ) ACECQA
(2) QLD Government
(3) GapMaps
(4) Australian B ureau of Statistics

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