Stonebridge National Investment Sales is pleased to present 'Guppy's ELC Thornlands' for sale via Expressions of Interest.
The asset has the following key investment features:
- Secure 25 year net lease to 2037 with favourable CPI annual rent increases
- Guppy's ELC - Established, successful childcare operator with 11 centres across Queensland and a decorated 20+ years of industry experience
- Strategic childcare location only 350m* from Thornlands State School with over 790 enrolled students
- Large 2,066 sqm* corner site boasting 100m* of dual street frontage and ample parking for 15 vehicles
- Well-appointed childcare centre, purpose built for 65 places with modern rooms opening to expansive playscapes surrounding the centre
- Only 2 minutes' drive* to major arterial Cleveland Redland Bay Road (19,000+ vehicles daily)
- Conveniently situated less than 1km* from major employment nodes, Cleveland's industrial precinct and 194 Bed Redland Hospital, employing over 980 staff* and currently undergoing a significant $62 million* upgrade
- Thornlands - Established, family friendly metro Brisbane suburb with favourable childcare demographics, 25 km* from CBD
- Net Lease - Tenant responsible for outgoings including Land Tax and repairs & maintenance
- Secure lease structure including 'ratchet clause', ensuring rent cannot decrease
- Net Income $113,561 pa*^ + GST
*Approximate
^As at January 2023
'Guppy's ELC Thornlands' is for sale via Expressions of Interest closing Thursday 1 December at 1pm (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for further information.
Property Code: 547