Stonebridge National Investment Sales is pleased to present to the market Kids ELC Springwood, for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Brand new 12 year net lease to 2034 + options to 2054
- Kids Early Learning - Award winning and highly regarded operator with 15 strong performing facilities across QLD
- Huge 4,077 sqm* site providing 24 car parks* and direct access to major thoroughfare Springwood Road
- Strategically located childcare centre exhibiting high 95%+ occupancy and positioned near 13 schools (within 3 km*)
- Modern, unique 103 place early learning facility with premium finishes, large outdoor playscape and swimming pool
- Childcare building newly constructed in 2019, providing significant depreciation benefits
- Only 17 km* south of Brisbane CBD, Springwood is the booming Logan corridor's satellite CBD, local population forecast to reach 500,000 by 2036^
- Springwood - Important commercial, retail and lifestyle hub home to major shopping centres, office precincts and benefitting from a designated master plan incorporating new infrastructure, high-rise residential, commercial and hotel developments
- Net Leases - Tenants pays all usual outgoings incl. Land Tax
- Fixed 3% annual rent increases
- Childcare centre supported by Kids ELC Head Office & Registered Childcare Training Organisation (New 5 + 5 + 5 year lease with commencing rent of $72,000 pa* + GST)
- Net Income $381,000 pa* + GST
*Approximate
^Trade Area Report, Location IQ
Please contact the exclusively appointed Stonebridge property professionals for more information.