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84-88 Main Street Westbrook QLD 4350

  • Medical / Consulting
  • 2,976 m²
  • Expressions of Interest

Under Offer - Brand New High Occupancy Childcare Investment - 20 Year Net Lease

  • Strategic Growth Location
  • Fixed 3% Annual Increases
  • Net Income $416,500 pa + GST

Stonebridge National Investment Sales is pleased to present 'Little Locals Toowoomba (Westbrook)' 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^
- Large 2,976 sqm* site incorporating sprawling playscapes and 29 car parks
- New improvements (built 2021) providing optimal depreciation benefits
- Architecturally designed, carbon neutral facility licensed for 140 places and exhibiting 90%+ occupancy
- Key 'precinct' location amongst McDonald's, 7-Eleven, IGA, Medical Centre and Tavern
- Strategic gateway position to emerging master planned community - 1,500+ new homes, Coles Shopping Centre and additional schools proposed
- Direct 47m* frontage and exposure to Gore Highway/Toowoomba-Athol Road - A busy & important arterial connecting Westbrook to Toowoomba CBD
- Toowoomba - Dynamic Southeast QLD city with strong $11 Billion economy, booming population set to exceed 200,000 by 2036
- Net Lease - Tenant pays all usual outgoings including Land Tax
- Lease secured by 6 month Bank Guarantee
- Fixed 3% annual rent increases
- Net Income $416,500 pa* + GST

The asset is for sale Individually or in one line with Little Locals Auchenflower, 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 Area2,976 m²
Land Area2,976 m²
EnergyAsk Agent
Parking29 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017664058
Category
Last updated  29 Apr 2022
Map for 84-88 Main Street Westbrook QLD 4350

Property Highlights

Floor Area2,976 m²
Land Area2,976 m²
EnergyAsk Agent
Parking29 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017664058
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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