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395 Milton Road Auchenflower QLD 4066

  • Medical / Consulting
  • 2,038 m²
  • Expressions of Interest

Under Offer - Prized Inner-City Brisbane Childcare Trophy - New 20 Year Lease

  • Brand New 20 Year Net Lease
  • Landmark Inner-City Asset - 2 km to CBD
  • Strong Trading Centre - High Occupancy

Stonebridge National Investment Sales is pleased to present 'Little Locals Auchenflower' for sale via Expressions of Interest.

The asset has the following key investment features:

- Brand new 20 year net lease to 2042 + options to 2062
- Little Locals - Successful, longstanding operator - high portfolio occupancy across 10 premium facilities^
- Landmark 2,038 sqm* corner site only 2 km* to Brisbane CBD
- Outstanding exposure with direct 50m* frontage to major arterial Milton Road (50,400+ vehicles daily)
- Safe, convenient and direct vehicular access available via traffic-light controlled intersection
- Ideal childcare location opposite Private Hospital, near Auchenflower Train Station, The Wesley Hospital and 21 schools (within 3km)
- State-of-the-art improvements (built 2020) providing optimal depreciation benefits
- Stunning, architecturally striking, carbon-neutral facility licensed for 125 places
- Strong performing centre exhibiting 90%+ occupancy
- Auchenflower - Leafy, affluent and family centric inner-city Brisbane suburb only 2 km* to CBD
- Tenant pays all usual outgoings including Land Tax
- Lease secured by 6 month Bank Guarantee
- Fixed 3% annual rent increases
- Net Income $500,000 pa* + GST

The asset is for sale Individually or in one line with Little Locals Toowoomba, via Expressions of Interest closing Monday 11th April at 1pm.

Please contact the exclusively appointed Stonebridge property professionals for further information.

*Approx.
^Operational by end of 2022

EXPRESSION OF INTEREST

Closing date and time11/04/2022 13:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Floor Area2,038 m²
Land Area2,038 m²
EnergyAsk Agent
Parking25 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017661203
Category
Last updated  29 Apr 2022
Map for 395 Milton Road Auchenflower QLD 4066

Property Highlights

Floor Area2,038 m²
Land Area2,038 m²
EnergyAsk Agent
Parking25 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017661203
Category
Last updated  29 Apr 2022
Level 24/10 Eagle St Brisbane City QLD 4000
Tom  Moreland
Tom Moreland
Stonebridge Property Group Pty Ltd
Michael Collins
Michael Collins
Stonebridge Property Group Pty Ltd

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