Stonebridge is pleased to present 'Happy Hearts Childcare Warner (Brisbane)' for sale via Expressions of Interest closing Thursday 28 November at 3pm (AEDT).
The asset boasts the following key investment features:
- Brand new 20 year net lease to 2044 + options to 2064 with valuable fixed 3.5% annual rent increases
- Happy Hearts Childcare Successful multi-site operator with a proven 14 year track record and growing network 9+ centres
- Strong performing centre in undersupplied childcare catchment, whereby there are four 0-5 year olds for every LDC place within 3km*
- Land rich 4,902 sqm* landholding with 49 car parks, offering twice the required outdoor playscape for children
- Brand new architecturally designed childcare facility for 142 places, developed by award-winning Queensland builder, Ausbuild, and offering maximum depreciation benefits
- Strategically positioned between two master planned communities, delivering 639 new homes to the suburb
- Highly connected - 15 schools within a 10 min drive* and 1 min* from South Pine Road, carrying 33,355+ vehicles daily*
- Warner Rapidly expanding Brisbane suburb 17 km* from the CBD, neighbouring Brendale's significant industrial precinct and part of the Moreton Bay region, population forecast to grow over 40%* to 690,000+ residents by 2041
- Net Lease Tenant pays all usual outgoings including Rates, Insurance, General Repairs & Maintenance and Land Tax
- Outstanding lease security including 6 month Bank Guarantee & Director's Personal Guarantees
- Net Income $484,220 pa* + GST
'Happy Hearts Childcare Warner (Brisbane)' is for sale via Expressions of Interest closing Thursday 28 November at 3pm (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 1111