Stonebridge National Investment Sales is pleased to present Imagine Childcare Maroochydore for sale via National Portfolio Auction on Wednesday 28 June at 11am.
The asset has the following key investment features:
· Brand new 20 year net lease to 2043 + options to 2063 with market leading annual rent increase structure being the greater of CPI or 3%
· Imagine Childcare - Longstanding, nationally recognised childcare operator across 30+ centres
· State-of the-art facility newly completed May 2023, providing outstanding tax depreciation benefits
· Prominent 2,846 sqm* corner site improved by premium 100 place childcare centre with 28 car parks
· Dominant 100m* frontage to Commercial Road, a key thoroughfare linking to the Maroochydore CBD and Sunshine Plaza, the region's largest shopping centre welcoming circa 10 million visitors annually
· Highly strategic childcare location within 850m* of three schools and 2,630 students, plus two additional schools within 2.5km*
· Exceptional access only two minutes' drive from Sunshine Motorway, carrying 51,553+ vehicles daily*
· Maroochydore - Famous Sunshine Coast location and primary business district with $6.7 billion* of transformative private and public sector projects underway
· Sunshine Coast - Booming region with $18.5 Billion economy and rapid population growth forecast to exceed 500,000 residents by 2041
· Tenant pays all usual outgoings including Land Tax and General Repairs & Maintenance
· Lease secured by Bank Guarantee equivalent to 6 months' rent + GST
· Net Income $325,439 pa* + GST
Imagine Maroochydore is for sale via National Portfolio Auction on Wednesday 28 June at 11am.
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 681