Burgess Rawson is pleased to offer to market the Sparrow Early Learning located at 1056 Winn Road, Mount Samson (Moreton Bay) QLD for sale via Offers to Purchase.
The property has the following investment highlights:
+ Ten (10) year net lease to January 2027
+ One (1) further ten (10) year option & two (2) further five (5) year options to January 2047
+ Sparrow Early Learning: leading national early education provider with a current network of 60+ centres across Australia
+ Highly desirable annual rent increases to the greater of CPI or 3% ensuring future income growth
+ Tenant pays all outgoings including land tax
+ Modern two-storey childcare centre licensed for 75 LDC places with 18 on-site car spaces, offering substantial depreciation benefits
+ Expansive 2,023sqm* site strategically located adjacent Mount Samson State School (250+ enrolments) - the key primary school that services the Dayboro & Samford region
+ Unparalleled site location, primely situated in a heavily undersupplied childcare catchment with a ratio of 6.73 (0-5 year olds) per LDC place and the only childcare centre within an 8km* radius
+ Located in close proximity to Samford Valley, an affluent and luxurious suburb in Brisbane's north with a median house price of $1,520,000^
+ Moreton Bay Regional Council: strong growth corridor, with a population forecast to grow by 45.36% to 697,186 residents and an economy expected to surge to over $40 billion in Gross Regional Product^^
+ Child Care/Early Education is an essential service with both the Federal and State Governments allocating unprecedented funding to the sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding plus an additional $4.7 billion to deliver more affordable childcare, which includes increasing the Childcare Subsidy (CCS) rates from July 2023. This reform aims to enhance the affordability of early education and care for approximately 96% of families (1.2 million) with a child in care^^^
+ Net Income: $171,550 pa* + GST
For Sale via Offers to Purchase.
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
^Realestate.com
^^Moreton Bay Regional Council
^^^Australian Government - Department of Education | Child Care Subsidy Reform