Sold
Story House Early Learning Rangeville (Toowoomba) QLD
53A South Street, Rangeville (Toowoomba) QLD
Sold

Stonebridge is pleased to present ‘Story House Early Learning Rangeville (Toowoomba) for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

  • Brand new 20 year net lease to 2043 plus options with fixed 3% annual rent increases
  • Story House – Highly experienced and trusted childcare operator across 55+ centres nationally
  • Prime childcare location directly opposite Rangeville State School (714+ students) and within 3 km* of 14 surrounding schools
  • Well configured 1,535 sqm* site improved by premium multi-storey 98 place childcare facility
  • Completed in September 2023 providing substantial depreciation benefits
  • Toowoomba – Dynamic South-East Queensland city with strong $11 Billion economy with population to exceed 200,000+ by 2036
  • Secure Net Lease – Tenant pays all usual outgoings including Rates, Insurance, general Repairs & Maintenance, Management Fees and Land Tax
  • Lease secured by a 6 month Bank Guarantee
  • Net Income $328,300 pa* + GST

*Approximately

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

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