For Sale
Brand New Childcare Leased to Premium Operator - 15 Year Net Lease to 2039 + Opts
19 Walker Road, Edmonton (Cairns) QLD
Stonebridge is pleased to present ‘Edge Early Learning Edmonton (Cairns) for sale via Expressions of Interest closing Thursday 27 February at 3pm (AEDT).
The asset has the following key investment features:
- Brand new 15 year net lease to 2039 + options to 2059 with fixed 3% annual rent increases
- Edge Early Learning – Premium national childcare operator with 64+ childcare centres across Queensland, South Australia and ACT
- Expansive 3,873 sqm* corner site with massive 133m* of frontage, 27 car parks and dedicated undercover drop off area
- Brand new, architecturally designed 99 place childcare centre, offering maximum depreciation benefits
- Conveniently positioned opposite Coles anchored shopping centre, plus nearby IGA, McDonald’s, KFC, Zarraffa’s and Shell
- Ideal childcare location – 3 Primary Schools within 1km* (1,536 prep-year 6 students), plus 4 additional schools within 3km*
- Cairns – One of Australia’s largest regional cities, boasting a $10.3 billion* economy with population set to reach 322,700+ residents by 2046*
- Secure Net Lease – Tenant pays all usual outgoings including Rates, Insurance, General Repairs & Maintenance and Land Tax
- Net Income $339,996 pa* + GST
*Approximately
‘Edge Early Learning Edmonton (Cairns)’ is for sale via Expression of Interest closing Thursday, 27 February at 3pm (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.