Sold
Guppy's ELC Thornlands
39 Osprey Drive, Thornlands (Brisbane) QLD
Stonebridge National Investment Sales is pleased to present 'Guppy's ELC Thornlands' for sale via Expressions of Interest.
The asset has the following key investment features:
- Secure 25 year net lease to 2037 with favourable CPI annual rent increases
- Guppy’s ELC - Established, successful childcare operator with 11 centres across Queensland and a decorated 20+ years of industry experience
- Strategic childcare location only 350m* from Thornlands State School with over 790 enrolled students
- Large 2,066 sqm* corner site boasting 100m* of dual street frontage and ample parking for 15 vehicles
- Well-appointed childcare centre, purpose built for 65 places with modern rooms opening to expansive playscapes surrounding the centre
- Only 2 minutes’ drive* to major arterial Cleveland Redland Bay Road (19,000+ vehicles daily)
- Conveniently situated less than 1km* from major employment nodes, Cleveland’s industrial precinct and 194 Bed Redland Hospital, employing over 980 staff* and currently undergoing a significant $62 million* upgrade
- Thornlands - Established, family friendly metro Brisbane suburb with favourable childcare demographics, 25 km* from CBD
- Net Lease - Tenant responsible for outgoings including Land Tax and repairs & maintenance
- Secure lease structure including ‘ratchet clause’, ensuring rent cannot decrease
- Net Income $113,561 pa*^ + GST
*Approximate
^As at January 2023
'Guppy's ELC Thornlands' is for sale via Expressions of Interest closing Thursday 1 December at 1pm (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for further information.