Stonebridge is pleased to present 'Imagine Childcare Collingwood Park (Brisbane)' for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Market leading, secure 20 year triple net lease to 2041 + option to 2051 with favourable fixed 3.50% annual rent increases
- Rare Triple Net Lease Tenant pays all outgoings including Land Tax, Insurance, Management Fees and Maintenance & Repairs of a capital nature
- Imagine Childcare Longstanding, nationally recognised childcare operator with a strong 60+ centre network across Queensland, New South Wales, Victoria and South Australia
- Expansive 3,538 sqm* corner landholding improved by state-of-the-art 136 place childcare facility with 42 car parks
- Recently completed, the modern facility is available below replacement cost and features the latest in early education fit-out, complemented by sprawling playscape, offering substantial depreciation benefits
- Strategic childcare location within 5 km* of 1,508+ primary school students plus 6 further schools within 3 km*
- Collingwood Park soaring Brisbane growth suburb only 24 km* to CBD, with LGA population forecast to grow 170% to 560,000 residents by 2041*
- Brisbane booming capital city and economic engine of the $409 Billion* Queensland economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents
- Landlord Favourable Lease Structure Triple Net, Fixed 3.50% annual increases with Bank Guarantee equivalent to 6 months' rent & outgoings plus GST
- Ratchet clause at market review ensures rent cannot decrease
- Net Income $508,148 pa* + GST
'Imagine Childcare Collingwood Park (Brisbane)' for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 1328