New Metro Childcare Centre - 15 Year Lease to National Operator
Cushman & Wakefield is pleased to present to the market 5 Bringelly Street, Arana Hills for Sale via Auction.
The property has the following key characteristics:
- Brand new 15 year lease to 2036 + options to 2056
- Kids Club ELC - Proven and successful national childcare provider boasting a network of 33 early learning centres
- Brand new multi-storey childcare centre offering significant depreciation benefits
- Architecturally designed, state of the art facility with 514 sqm of the latest creative childcare fit-out plus an additional 571 sqm of expansive outdoor play area, licensed for 80 Long Day Care places
- Commanding 1,427 sqm corner site benefitting from excellent exposure to busy Patrick’s Road
- Prime position directly opposite major shopping centre and commercial precinct home to ALDI, Coles, Commonwealth Bank, Kmart, Hungry Jacks and Guzman Y Gomez
- Strategic childcare location within 3 km of 10 schools and closeby to Ferny Grove and Grovely Train Station’s and TAFE
- Arana Hills - Family friendly suburb 13 km from Brisbane CBD with favourable childcare demographics - double income families and affordable metropolitan living
- Lease secured by 3 month Bank Guarantee and Directors Personal Guarantee
- Fixed 3% annual rent increases
- Net Income $280,999 pa + GST
The investment is for sale by way of Cushman & Wakefield National Portfolio Auction on Wednesday 28 July at 10am.
Interested parties based in New South Wales will have access to our Live Stream and Online Bidding Platform strictly via prior arrangement.
Interstate Live Stream and Bidding Facilities will be available at the below Venues;
Brisbane - Dexus Place - Waterfront Place, Level 31, 1 Eagle Street, Brisbane
Melbourne - Dexus Place - Level 14, 385 Bourke Street, Melbourne
Should you hold interest in bidding on the asset from one of these locations or via the Online Bidding Platform, please contact the exclusively appointed Cushman & Wakefield property professionals.
Remember to mention you found this property on CommercialReady.com.au
