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Sold on 27 Aug 2021

80 Thornton Street Raceview QLD 4305

  • Shop & Retail
  • 840 m²
  • Sold

Under Contract - Renewed 12 Year Lease - QLD's Fastest Growing Corridor

  • Renewed 12 Year Net Lease + Options
  • Fixed 3% Annual Rent Increases
  • Net Income $237,641 pa + GST

Cushman & Wakefield's National Investment Sales team is pleased to present to the market 80 Thornton Street, Raceview for Sale via Offers to Purchase.

The property has the following key characteristics:

- Renewed 12 year net lease to 2031 + options to 2051
- Expeditions Early Learning Journey - Established national childcare provider across 7 strong performing locations in QLD & VIC offering a proven and innovative education experience
- Expansive purpose-built facility having undergone circa $300,000 capex enhancements and upgrades, licensed for 118 places
- Well positioned closeby to 9 schools within a 3 km radius, totaling 4,100+ students
- Strategic growth location with 350+ new townhouses being delivered in the immediate precinct
- Raceview - 30 km west of Brisbane CBD and part of rapidly expanding Ipswich, QLD's fastest growing municipality with 151% population growth forecast to reach 555,000+ residents by 2041
- Lease secured by Director's Personal Guarantees and Bank Guarantee equivalent to 3 months' rent
- Fixed 3% annual rent increases
- Net Income $237,641 pa + GST

For more information please contact the exclusive property professionals at Cushman & Wakefield.

Tom Moreland
Cushman & Wakefield Brisbane
Tom Moreland
Cushman & Wakefield Brisbane
Michael Collins
Cushman & Wakefield Brisbane
Michael Collins
Cushman & Wakefield Brisbane

Property Highlights

Property ID2017092386
Date Sold27 Aug 2021
Floor Area840 m²
Land Area2,310 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  30 Aug 2021
Map for 80 Thornton Street Raceview QLD 4305
Map for 80 Thornton Street Raceview QLD 430580 Thornton Street Raceview QLD 4305
Tom Moreland
Cushman & Wakefield Brisbane
Tom Moreland
Cushman & Wakefield Brisbane
Michael Collins
Cushman & Wakefield Brisbane
Michael Collins
Cushman & Wakefield Brisbane

Property Highlights

Property ID2017092386
Date Sold27 Aug 2021
Floor Area840 m²
Land Area2,310 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  30 Aug 2021
Cushman & Wakefield Brisbane
Level 11, 123 Eagle Street Brisbane City QLD 4000
Tom Moreland
Cushman & Wakefield Brisbane
Tom Moreland
Cushman & Wakefield Brisbane
Michael Collins
Cushman & Wakefield Brisbane
Michael Collins
Cushman & Wakefield Brisbane
Tom Moreland

Tom Moreland

Cushman & Wakefield Brisbane

Michael Collins

Michael Collins

Cushman & Wakefield Brisbane

0408 *** ***
0408 072 822

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