Impressive Childcare Investment | New 20-year net lease to 2044

Description

Burgess Rawson is delighted to offer to the market, 24 Umbriam Road, Wyreema (Toowoomba) QLD for sale via an Expression of Interest campaign, closing Thursday 11 July at 4pm (AEST).

+ New 20-year net lease to Wyreema Early Education to 2044.
+ Two further 10-year options to 2064.
+ Wyreema Early Education: a highly successful, family-owned boutique childcare provider with over 30 years of industry experience. With a growing network of 21 centres, each location is designed with a community-minded focus, catering specifically to the needs of the local community.
+ Attractive fixed 3.5% annual rent increases.
+ Tenant pays all outgoings including single holding land tax.
+ Purpose built (constructed 2020) facility licensed for 115 LDC places.
+ Near new facility with significant depreciation benefits.
+ Large 8,660 sqm* site within 350 metres of Wyreema State school and only 400m of the Wyreema train station, offering a direct link to the CBD.
+ Located 15km Toowoomba’s main retail precinct, including national retailers Harvey Norman, The Good Guys, Spotlight, Anaconda and two major shopping centres – the Coles/Kmart-anchored Toowoomba Plaza, and The Ridge shopping world underpinned by Woolworths.
+Toowoomba: commercial centre of the Toowoomba Region Council, located 125km* west from the Brisbane CBD and servicing a retail catchment of over 181,000 people.
+ Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^^^
+ Net Income: $402,500pa* + GST.

For sale via an Expression of Interest campaign
Closing Thursday 11 July at 4pm (AEST)

Please contact the exclusively appointed team for more information.

^^^ Australian Government Department of Education

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Contact agents
Matthew Wright Partner
0458 290 588
Natalie Couper Partner
0413 856 983
Adam Thomas Partner | Managing Director QLD
0418 998 971
Andrew Havig Partner
0478 010 990
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Wyreema, QLD

24 Umbiram Road

For Sale by Expression of Interest

This property is part of Portfolio 169

Price: Contact Agent

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