Stonebridge and CBRE are pleased to present 'Plais Early Learning Camp Hill (Brisbane)' for sale via Expressions of Interest closing Thursday 5 September at 3pm (AEST).
The asset has the following key investment features:
- Brand new 20 year net lease to 2044 plus options to 2064 with market leading annual rent increases being the greater of CPI or 3.5%
- Plais Early Learning - High-end, specialist operator trading at 100% occupancy with extensive waitlist and part of successful multi-centre network across 5 strong performing centres
- Brand new refurbishment provides significant depreciation benefits (52% of Year 1 income)
- Valuable inner-metro Brisbane landholding underpinned by 'centre' zoning which allows for a multitude of future alternate uses
- Well configured childcare facility with immaculate finishes and sprawling outdoor playscape
- Prime position opposite prestigious Whites High State College (778+ students from Prep-12), plus a further 16 schools within 3km*
- Conveniently situated 450m* from Woolworths anchored Camp Hill Marketplace and 1 minute's drive from major arterial Old Cleveland Road, carrying 61,646+ vehicles daily
- Camp Hill - Affluent Brisbane suburb only 6km* to CBD, with household income 76% above national average & median house price 72% above national average
- Net lease - Tenant responsible for all outgoings including land tax, management fees and general repairs and maintenance and secured by Directors' Personal Guarantees and 3 month Bank Guarantee
- Net income $297,600 pa*+ GST
*Approximately
'Plais Early Learning Camp Hill (Brisbane)' is for sale via Expressions of Interest closing Thursday 5 September at 3pm (AEST).
Please contact Stonebridge & CBRE for more information.
Property Code: 1007
