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Imagine Childcare, 168 John Street
Maryborough QLD 4650
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Sold on 23 Oct 2023

Imagine Childcare, 168 John Street Maryborough QLD 4650

  • Medical / Consulting
  • 770 m²
  • Sold

New Hamptons Style Childcare Opposite Schools 20 Yr Lease to National Operator

  • Exceptional Location - 100% Occupancy
  • Premium Childcare Centre Built in 2022
  • Greater of CPI or 3% Increases

Stonebridge National Investment Sales is pleased to present Imagine Childcare Maryborough for sale via National Portfolio Auction on Tuesday 31 October at 11am (AEDT).

The asset boasts the following key investment features:

- Brand new 20 year net lease to 2042 + options to 2052 with market leading annual rent increases being the greater of CPI or 3%

- Imagine Childcare - Longstanding, nationally recognised operator across 24+ centres, boasting exceptional 90% portfolio occupancy

- Prime 2,453 sqm* site improved by 91 place childcare facility with 23 car parks

- Architecturally designed 'Hamptons style' childcare centre, featuring premium finishes and bespoke play equipment, completed May 2022, providing huge depreciation benefits

- Perfect childcare location directly opposite St Mary's Primary School, (360 students), 60 metres* to Maryborough Central State School (232 students) and 120 metres* to Maryborough State High School (1,147 students), plus 7 additional schools within 2.5 km*

- Centrally located in Maryborough town centre near Bunnings, Woolworths, Coles, Aldi, Big W, KFC & 7-Eleven

- Maryborough - Central hub of the Fraser Coast and pivotal in its $4.79 billion economy, boasting 25% forecast population growth to 2041, leveraging strong industrial, energy and resources industries

- Net Lease - Tenant pays all usual outgoings including Rates, Insurance, Land Tax and general Repairs & Maintenance

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

- Net Income $332,150 pa* + GST

'Imagine Childcare Maryborough' is for sale via National Portfolio Auction on Tuesday 31 October at 11am (AEDT).

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

*Approximately

AUCTION

Auction date and time31/10/2023 11:00
Auction locationImagine Childcare, 168 John Street, Maryborough QLD
Stonebridge Property Group Pty Ltd
Stonebridge Property Group Pty Ltd
Level 29, 10 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold23 Oct 2023
Floor Area770 m²
Land Area2,453 m²
Parking23 x Onsite parkings
Building TypeWhole building
Property ID2018808066
Category
Last updated  13 Nov 2023
Map for Imagine Childcare, 168 John Street Maryborough QLD 4650
Stonebridge Property Group Pty Ltd
Stonebridge Property Group Pty Ltd
Level 29, 10 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold23 Oct 2023
Floor Area770 m²
Land Area2,453 m²
Parking23 x Onsite parkings
Building TypeWhole building
Property ID2018808066
Category
Last updated  13 Nov 2023

Co-Agents

Tom Moreland
Stonebridge Property Group Pty Ltd
Call
0408 072 822
Michael Collins
Stonebridge Property Group Pty Ltd
Call
0404 023 204
Thomas Proberts
Stonebridge Property Group Pty Ltd
Call
0439 588 019

More about Imagine Childcare, 168 John Street Maryborough QLD 4650

Imagine Childcare, 168 John Street Maryborough QLD 4650 is categorized as Medical & Consulting Property. It has a floor area of 770 m² and a land area of 2,453 m². There are 23 x onsite parkings.The listing ID for this property is 2018808066.

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