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Affordable Brisbane Childcare Investment

17 Approach Road, BANYO QLD, 4014

For Sale

Property for Sale in 17 Approach Road, BANYO QLD, 4014

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11374565
Status:
Active
For:
Sale
Price:
Price on Request
Last Updated:
02/03/2020
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Property Type

Medical/Consulting/Retail/Other
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Land Area

2096 SQM
Icon size

Floor Area

499 SQM
Icon parking

Parking

N/A

Affordable Brisbane Childcare Investment

+ 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)

For Sale

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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