Retail for Sale, 7001 Muller Street, Ipswich & West Moreton, 4306

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For Sale - Retail

BRAND NEW CHILDCARE INVESTMENT WITH 15 YEAR LEASE AND CERTAIN INCOME GROWTH

Highlights

New 15 year net lease + options
Fixed 3.50% annual increases
New facility with strong pre-enrolments

Overview

Lead Childcare Walloon is a brand new 136 place proposed centre opening in September 2020 leased to highly credentialed operator LEAD Childcare with pre-enrolments nearing capacity. The property has the following key investment highlights: • * New 15-year net lease to 2035 with fixed 3.5% annual increases • Tenant pays all outgoings including Land Tax • Annual fixed 3.50% increases ensure compelling income growth • Highly successful leading operator “Lead Childcare” with 15 centres • Brand new centre with significant depreciation benefits • * 136 place centre scheduled to open in September • Strategic location in high growth master planned estate • Prominent 3,023 sqm site within close proximity to local primary school and train station • Prime location near Australia’s largest Air Force base undergoing $1b plus Federal Government infrastructure investment • Net Income $309,400 pa + GST * Subject to final licensing sign-off FOR SALE BY EXPRESSIONS OF INTEREST 30 SEPTEMBER 5:30PM (AEST)

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