Skip to main content
SearchBack to results

40-44 Raff Street Toowoomba City QLD 4350

  • Medical / Consulting
  • 2,833 m²
  • Expressions of Interest

Under Offer - High Yielding Childcare Investment - New 15 Year Triple Net Lease

  • Longstanding Centre - 26+ Year History
  • Minimum 3% Annual Rent Increases
  • Net Income $343,200 pa + GST

Stonebridge is pleased to present to the market 40-44 Raff Street, Toowoomba for Sale via Expressions of Interest.

The asset has the following key investment features:

- Brand new 15 year triple net lease to 2037 + option to 2042
- Cherubs Early Leaning - Longstanding childcare centre with proven 26+ year history
- Land rich 2,833 sqm* site near Toowoomba CBD, TAFE, Bunnings and Queens Park
- Convenient, easily accessible location near Ruthven Street (New England Highway) and major thoroughfare Bridge Street
- Central childcare position within close proximity to 27 schools (within 3 km)
- Recently refurbished and upgraded facility licensed for 120 places
- Toowoomba - Dynamic Southeast QLD city with strong $11 Billion economy, booming population set to exceed 200,000 by 2036
- Triple Net Lease - Tenant pays all outgoings including Land Tax and structural R&Ms
- Lease secured by Bank Guarantee equivalent to 6 month's rent
- Minimum 3% annual rent increases
- Net Income $343,200 pa* + GST

The investment is for sale by way of Expressions of Interest closing Monday 11th April at 1pm.

Should you hold interest in the asset please contact the exclusively appointed Stonebridge property professionals.

*Approx.

EXPRESSION OF INTEREST

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

Property Highlights

Floor Area2,833 m²
Land Area2,833 m²
EnergyAsk Agent
Parking14 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017664570
Category
Last updated  29 Apr 2022
Map for 40-44 Raff Street Toowoomba City QLD 4350

Property Highlights

Floor Area2,833 m²
Land Area2,833 m²
EnergyAsk Agent
Parking14 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017664570
Category
Last updated  29 Apr 2022
Level 24/10 Eagle St Brisbane City QLD 4000
Michael Collins
Michael Collins
Stonebridge Property Group Pty Ltd
Tom  Moreland
Tom Moreland
Stonebridge Property Group Pty Ltd
Thomas Proberts
Thomas Proberts
Stonebridge Property Group Pty Ltd

More Medical / Consulting for Sale in Toowoomba City QLD

For SaleEOI Closing 5pm, 26th April 2022 (under offer)
14 - 16 hill street,toowoomba city, QLD 4350
278 m²
Medical / Consulting
For SaleFor Sale via EOI Closing 30 June 2022 at 10:00am
2 kirk street,toowoomba city, QLD 4350
105 m²
Medical / Consulting
For SaleOffers to Purchase; Lease from $66,000+Outs+GST
14 russell street,toowoomba city, QLD 4350
246 m²
Medical / Consulting
Contact Agent