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80 Thornton Street
Raceview QLD 4305
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Sold on 13 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.

Cushman & Wakefield Brisbane
Cushman & Wakefield Brisbane
Level 27, 123 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold13 Aug 2021
Floor Area840 m²
Land Area2,310 m²
ParkingOn site parking available
Property ID2017092386
Category
Last updated  30 Aug 2021
Map for 80 Thornton Street Raceview QLD 4305

Nearest transport* to 80 Thornton Street Raceview QLD 4305

Bus
Train
Raceview St at Carlita Place453 m
Wildey St near Nolan St453 m
Wildey St near Nolan St456 m
Raceview St at Hayes Street464 m
This data is © 2023 The State of Queensland, licenced under CC BY 4.0.
*Within a 4km radius
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Cushman & Wakefield Brisbane
Cushman & Wakefield Brisbane
Level 27, 123 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold13 Aug 2021
Floor Area840 m²
Land Area2,310 m²
ParkingOn site parking available
Property ID2017092386
Category
Last updated  30 Aug 2021

Listed by

Cushman & Wakefield Brisbane
Call
1800 867076

More about 80 Thornton Street Raceview QLD 4305

80 Thornton Street Raceview QLD 4305 is categorized as Shop & Retail Property. It has a floor area of 840 m² and a land area of 2,310 m². The listing ID for this property is 2017092386.

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