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