Cushman & Wakefield is pleased to present a rare opportunity to acquire a premium inner city investment leased to a global tenant and located only 2.6 kms from the CBD.
The offering has the following key investment attributes:
15 year net lease to 2034 + options to 2049
Busy Bees Blue chip global early education provider across 635+ locations and boasting 2018 revenues of $822M
Undeniable future development upside current zoning allows for up to 15 storeys of development
Prime position along major arterial Logan Rd - over 21,000* passing cars daily and 70m of continuous dual street frontage
Situated within one of Brisbanes largest urban renewal precincts with recent private and public sector investment totalling over $7 Billion
State of the art 950 sqm* multi-level facility incorporating a one-of-a-kind rooftop outdoor play area
Newly built Centre offering significant tax depreciation benefits
Highly sought after lease structure - tenant responsible for all usual outgoings including Land Tax and Management Fees
Fixed 3% annual rent increases
Net Income $725,300 pa + GST
For further information on the property please contact the exclusive Cushman & Wakefield agents.