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Imagine Maroochydore Commercial Road
Kuluin QLD 4558
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Sold on 27 Jun 2023

Imagine Maroochydore Commercial Road Kuluin QLD 4558

  • Medical / Consulting
  • 791 m²
  • Sold, $6,400,000

Immaculate New Childcare Centre - 20 Year Net Lease to National Operator

  • Greater of CPI or 3% Annual Increases
  • Strong Depreciation Benefits
  • Booming Sunshine Coast Location

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

AUCTION

Auction date and time28/06/2023 11:00
Auction locationSee description
Stonebridge Property Group Pty Ltd
Stonebridge Property Group Pty Ltd
Level 29, 10 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold27 Jun 2023
Sold Price$6,400,000
Floor Area791 m²
Land Area2,846 m²
ParkingAsk Agent
Property ID2018555276
Category
Last updated  13 Nov 2023
Map for Imagine Maroochydore Commercial Road Kuluin QLD 4558
Stonebridge Property Group Pty Ltd
Stonebridge Property Group Pty Ltd
Level 29, 10 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold27 Jun 2023
Sold Price$6,400,000
Floor Area791 m²
Land Area2,846 m²
ParkingAsk Agent
Property ID2018555276
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 Maroochydore Commercial Road Kuluin QLD 4558

Imagine Maroochydore Commercial Road Kuluin QLD 4558 is categorized as Medical & Consulting Property. It has a floor area of 791 m² and a land area of 2,846 m². The listing ID for this property is 2018555276.

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