Burgess Rawson is delighted to offer to the market, 24 Umbriam Road, Wyreema (Toowoomba) QLD for sale via an Expression of Interest campaign, closing Thursday 11 July at 4pm (AEST).
+ New 20-year net lease to Wyreema Early Education to 2044.
+ Two further 10-year options to 2064.
+ Wyreema Early Education: a highly successful, family-owned boutique childcare provider with over 30 years of industry experience. With a growing network of 21 centres, each location is designed with a community-minded focus, catering specifically to the needs of the local community.
+ Attractive fixed 3.5% annual rent increases.
+ Tenant pays all outgoings including single holding land tax.
+ Purpose built (constructed 2020) facility licensed for 115 LDC places.
+ Near new facility with significant depreciation benefits.
+ Large 8,660 sqm* site within 350 metres of Wyreema State school and only 400m of the Wyreema train station, offering a direct link to the CBD.
+ Located 15km Toowoomba's main retail precinct, including national retailers Harvey Norman, The Good Guys, Spotlight, Anaconda and two major shopping centres - the Coles/Kmart-anchored Toowoomba Plaza, and The Ridge shopping world underpinned by Woolworths.
+Toowoomba: commercial centre of the Toowoomba Region Council, located 125km* west from the Brisbane CBD and servicing a retail catchment of over 181,000 people.
+ Child care/Early Education is an essential service and one of Australia's most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^^^
+ Net Income: $402,500pa* + GST.
For sale via an Expression of Interest campaign
Closing Thursday 11 July at 4pm (AEST)
Please contact the exclusively appointed team for more information.
^^^ Australian Government Department of Education
