HIGH PROFILE, INNER CITY INVESTMENT UNDERPINNED BY A GLOBAL CHILDCARE TENANT
CBRE is pleased to present to market 201 Logan Road, Woolloongabba - High Profile, Inner City investment underpinned by a global childcare tenant.
Some of the key highlights include:
• 91%^ of the investment is underpinned by Busy Bees Childcare, a global early education provider with over 850 locations worldwide (224 in AUS/NZ).
• 15-year net lease to Busy Bees expiring 2034 complemented by a fitness operator Body Fit with an asset WALE of 9.1* years.
• Dominantly positioned along Logan Road a major arterial connecting the south to the Brisbane CBD with exposure to 147,000* cars weekly.
• Strategically positioned to benefit from the ongoing residential growth and infrastructure projects within the catchment including the Cross River Rail and the nearby South City Square Project.
• 1,237sqm* corner site with a 69m* dual street frontage offering significant underlying land value and genuine development upside ^^
• Strategically located on the fringe of the Brisbane CBD, 3km* south-east, and in the heart of the Woolloongabba Priority Development Area.
• The 106ha* Woolloongabba PDA will provide critical city-significant connections with other inner-city destinations including South Bank, Kangaroo Point and the Boggo Road Cross River Rail (CRR) PDA, forming part of Brisbane’s knowledge corridor, containing major health and research institutions.
• Fully leased net income $745,000 per annum*
201 Logan Road, Woolloongabba is being offered for sale via Expressions of Interest closing Thursday 9th May 2024 at 4pm (AEST).
For further information on this unique opportunity please contact the exclusive sales and marketing agents.
*Approximate. ^^ Potential for up to 15 storey (STCA). ^GLA
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