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168 South Street
Toowoomba QLD 4350
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Sold on 9 Aug 2017

168 South Street Toowoomba QLD 4350

  • Medical / Consulting
  • 1,449 m²
  • Sold

Entry-Level Childcare Investment

Secure 15 year lease to G8 Education Limited 2030
Two further 5 year options to 2040
G8 Education Ltd: largest ASX listed early education provider with over 480 centres nationally and a market cap of $1.7 billion
Fixed 4% annual rental increases plus 'ratchet' provisions at market review ensuring guaranteed rental growth
Well-maintained facility, licensed for 54 LDC places
Tenant pays all usual outgoings including management fees
Strategic 1,449 sqm corner site metres from St Thomas Primary School and only 1.5km from the Toowoomba CBD
Toowoomba: located 125km west from the Brisbane CBD and the commercial centre of the Darling Downs Region, servicing a trade catchment of circa 120,000 people
Net income: $108,520 pa + GST

Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne

Property Highlights

Date Sold9 Aug 2017
Floor AreaAsk Agent
Land Area1,449 m²
ParkingAsk Agent
Property ID2013713615
Category
Last updated  14 Aug 2017
Map for 168 South Street Toowoomba QLD 4350

Property Highlights

Date Sold9 Aug 2017
Floor AreaAsk Agent
Land Area1,449 m²
ParkingAsk Agent
Property ID2013713615
Category
Last updated  14 Aug 2017

Co-Agents

Adam Thomas
Adam Thomas
Burgess Rawson VIC Pty Ltd
Call
0418 998 971
Natalie Couper
Natalie Couper
Burgess Rawson VIC Pty Ltd
Call
0413 856 983

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