Affordable Brisbane Childcare Investment

17 Approach Road, Banyo QLD

Property Highlights

10 + 10 + 10 yr lease to G8 Ed to 2044
ASX listed tenant
2,096 sqm site - 12 km from CBD

Description

+ 10 year lease to G8 Education to 2024
+ Two further 10 year options to 2044
+ G8 Education: ASX listed with 470+ centres across Australia and Singapore
+ Long established 75 place child care facility
+ Current rental of $1,720 per place well below market levels, with Market Review due in 2024
+ Substantial 2,096 sqm site only 12km from Brisbane CBD
+ Strategic position opposite the Australian Catholic University and 200m from Earnshaw State College
+ Net Income $129,043 pa (May 2020)

Auction 11am AEDT Wednesday 26 February
Crown Casino, Melbourne, VIC

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,096 SQM
Building Area
499 SQM

Contact Agents

Adam Thomas

0418 998 971

Contact Me

Natalie Couper

0413 856 983

Jamie Dewe

0410 350 273

Doug Doyle

0400 564 623

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