For Sale
Metro Childcare Near Primary School - 20 Year Net Lease to 2038 + Opts
24A Riordan Street, Aspley (Brisbane) QLD

Stonebridge is pleased to present ‘Avenues Early Learning Centre Aspley (Brisbane)’ for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

  • Secure 20 year net lease to 2038 plus 2 x 10 year options to 2058 with fixed 3% annual increases
  • Avenues Early Learning – Successful national operator, established for 20+ years and boasting a network of 28 facilities
  • Strong trading 75 place childcare centre rated ‘Exceeding’ under the National Quality Standard
  • Modern facility set across large 1,980 sqm* site with 57 m* combined dual-street frontage and 13 car parks
  • Ideal childcare position 190m* from Aspley State School (726 students) plus 11 further schools within 3 km*
  • Convenient position 230m* from Gympie Road, Queensland’s second busiest arterial carrying 60,513+ vehicles daily*
  • Strategically located nearby Aspley Central Shopping Centre and only 275 m* from Aspley Hypermarket, home to Woolworths, Coles, Kmart and ALDI, welcoming 4,100,000+ visitors annually*
  • Aspley – Established family friendly suburb 11 km* north of the CBD located on major arterial and host to an extensive retail precinct
  • Secure Net Lease – Tenant pays all usual outgoings including Management and Structural Repairs and Maintenance, excluding Land Tax
  • Lease secured by 6 month bank guarantee
  • Net Income $295,713 pa* + GST

*Approximately

‘Avenues Early Learning Centre Aspley (Brisbane)’ is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

 

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