16 Palm Drive Deeragun QLD 4818

Burgess Rawson is pleased to offer to the market, Daisies Early Learning, for sale via our Investment Portfolio Auction 156.

The property has the following investment highlights:

+ Brand new 10 year net lease to Daisies Early Learning to 2032
+ One further 10 year option to 2042
+ Daises Early Learning: Established centre of 37+ years
+ Attractive 4% annual rent increases
+ Tenant pays all outgoings including land tax
+ Strong trading business with 100% occupancy and long waitlist
+ Well-maintained childcare centre licensed for 21 LDC places
+ Prominent corner site, directly opposite the Coles-anchored Deeragun Shopping Centre and within metres of KFC, Hungry Jacks, and the Bruce Highway (24,000+ passing vehicles daily)
+ Close proximity to both Bunnings and North Shore Marketplace underpinned by Woolworths, and within ease of access to 5 schools
+ Strategically positioned in one of Townsville's rapidly expanding corridors, forecasted to increase to 80,000 residences by 2030
+ Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year*
+ Net Income: $34,000 pa** plus GST

To be sold by Investment Portfolio Auction
10:30am AEST Thursday 27th October 2022
The Hilton, Brisbane

*Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC)
**approx.