Stonebridge National Investment Sales is pleased to present to the market ‘Little Locals Bundamba’ for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Brand new 15 year net lease to 2037 + options to 2067 with fixed 3% annual rent increases
- Little Locals – Successful, longstanding operator boasting high portfolio occupancy across 10 premium facilities
- Landmark 7,692 sqm site with sweeping 226m dual street frontage and dedicated access to 38 at-grade parking bays
- Impressive new construction provides huge depreciation benefits – circa 82% of first year rent tax deductible^
- Outstanding facility incorporates one-of-a-kind outdoor playscape and premium internal finishes
- Ideal childcare position, 5 schools within a 2.5 km* radius, including Bundamba State Primary School (481+ students enrolled)
- Strategically situated adjacent to numerous master-planned residential developments, totalling 32 Hectares of new housing supply
- Key location at heart of Walker Corporation’s $1 billion Citiswitch Business Park – Queensland’s largest industrial estate and major employment node, comprising 350 Hectares of modern logistics, manufacturing and warehouse accommodation, anchored by Costco
- Bundamba – 25 km* west of Brisbane CBD and part of rapidly expanding Ipswich, Queensland’s fastest growing municipality with population forecast to reach 520,000+ residents by 2041
- Net lease – tenant pays all usual outgoings including Land Tax
- Lease secured by 6 month Bank Guarantee
- Net Income $352,500 pa* + GST
*Approximately ^PEP Solutions
‘Little Locals Bundamba’ is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.