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Goodstart, 274 Warwick Road
Churchill QLD 4305
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Sold on 16 Aug 2023

Goodstart, 274 Warwick Road Churchill QLD 4305

  • Medical / Consulting
  • 960 m²
  • Sold

Brisbane Childcare Repositioning Opportunity - Nearby Large Primary School

  • Attn: Operators, Investors & Developers
  • Strategic 2,891 sqm* Corner Landholding
  • Favourable Childcare Demographics

Stonebridge National Investment Sales is pleased to present Goodstart Churchill (Brisbane) for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

- Rarely offered opportunity suited to owner occupiers, investors and developers, with remaining lease term to 2026 and no options with uncapped CPI annual rent increases

- Currently leased to Goodstart Early Learning with secure holding income Australia's largest early learning provider across 664+ locations, 2022 revenue of $1.3b*

- Valuable 2,891 sqm* corner landholding improved by sprawling childcare facility licensed for 99 LDC places, plus 25 at-grade car parks and redevelopment potential (STCA)

- Strong trading childcare centre rated "Exceeding" under the National Quality Standard

- Ideal childcare location only 200m* to Churchill State Primary School and 2 minutes' drive to Bremer State School (2,326+ combined students), plus 5 further schools within a 3 km* radius

- Prominent 112m* of dual street frontage plus high exposure to Warwick Road, a key arterial accommodating 16,530+ vehicles daily

- Excellent proximity to major employment nodes, including University of Southern Queensland, Ipswich Hospital, $1Bn* Citiswitch Business Park and Australia's largest Air Force Base, RAAF Amberley, home to over 5,000+ defence personnel

- Favourable childcare catchment underpinned by high proportion of dual income families

- Churchill 33 km* west of Brisbane CBD, located in Queensland's fastest growing LGA, with a population forecast to exceed 520,000+ residents by 2041

- Lease secured by Bank Guarantee equivalent to 6 months' & outgoings + GST

- Net lease - tenant pays all outgoings including Structural Repairs & Maintenance, Insurance and Management Fees (excluding Land Tax)

- Net Income $203,726 pa* + GST

Goodstart Churchill (Brisbane) is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Stonebridge Property Group Pty Ltd
Stonebridge Property Group Pty Ltd
Level 29, 10 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold16 Aug 2023
Floor Area960 m²
Land Area2,891 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018646166
Category
Last updated  12 Oct 2023
Map for Goodstart, 274 Warwick Road Churchill QLD 4305
Stonebridge Property Group Pty Ltd
Stonebridge Property Group Pty Ltd
Level 29, 10 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold16 Aug 2023
Floor Area960 m²
Land Area2,891 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018646166
Category
Last updated  12 Oct 2023

Co-Agents

Michael Collins
Stonebridge Property Group Pty Ltd
Call
0404 023 204
Tom Moreland
Stonebridge Property Group Pty Ltd
Call
0408 072 822
James Freemantle
James Freemantle
Stonebridge Property Group Pty Ltd
Call
0421 140 876

More about Goodstart, 274 Warwick Road Churchill QLD 4305

Goodstart, 274 Warwick Road Churchill QLD 4305 is categorized as Medical & Consulting Property. It has a floor area of 960 m² and a land area of 2,891 m². The listing ID for this property is 2018646166.

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