Burgess Rawson is pleased to offer to market Affinity Education located at 57 Yvette Street, Kelso (Townsville) QLD 4815 for sale via Burgess Rawson Investment Portfolio Auction 177. The opportunity has the following key investment highlights: + Fifteen (15) year net lease to 2028 + a recently renewed option to 2033, plus a further 5-year option to 2038 + Milestones ELC: Affinity Education Group is a highly experienced and established operator with over 250 centres nationally + Triple net lease – tenant pays 100% of outgoings including land tax, management fees, all R & Ms, and structural capital expenditure + Attractive annual increases - Greater of 2.5% or CPI, ensuring rental growth + Strategic 2,403sqm* landholding positioned 100 metres* from Kelso State School and only 15 kilometres* south from Townsville CBD + Established and high-performing 75 LDC place, purpose-built childcare facility, including 18 on-title car spaces + Strategically positioned with direct access to River Way Drive, a main arterial connecting to the A1/Ring Road, providing easy access to both Kelso town centre, including the Woolworths anchored the Riverway Plaza Shopping Centre + Townsville: economic capital of North Queensland with over $27 billion* in infrastructure projects underway and population forecast to grow by 54% by 2041^ + Childcare/Early Education: an essential service asset class with both Federal & State Government's allocating over $16bn in funding for FY25, including $3.6 billion supporting wages and $1 billion to expand access in underserved areas + Net Income: $207,562 pa* + GST For Sale via Investment Portfolio Auction 177 10:30 am AEST Thursday 26 June 2025 The Westin, Brisbane Please contact the exclusively appointed Burgess Rawson team for more information. ^ Forecast.Id * Approx.
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street, Melbourne, Vic
Burgess Rawson Townsville - TOWNSVILLE CITY
Ground Floor, 61-73 Sturt Street, Townsville-City, Qld
Property ID: 504873724
Original Property ID: 504873724