QCommercial Properties in conjunction with RE/MAX U Is proud to exclusively present to the market a large 118 place childcare centre situated on 2,320m2* of land with a 3-street frontage tenanted by Expeditions Early Learning Group located at 80 Thornton Street, Raceview. This expansive, purpose-built childcare center has undergone renovations with approximately $300,000 invested in improvements and upgrades. Strategically located within a 3km radius of nine schools and numerous residential developments, this center offers incoming investors a promising opportunity. Raceview is 30km* West of Brisbane CBD, a rapidly growing suburb of Ipswich, one of Queensland's fastest-growing cities, forecasted to reach over 550,000 residents by 2041. - Modern contemporary purpose built single level childcare centre - Licensed 118 place childcare centre - Net Income - $289,470* (as of 1/8/2024) - Long lease to 2031 + Options to 2051 - Outgoings – 100% recoverable including land tax and management fees - Land area – 2,310m2* - Car parks – 14 - Frontage – 3 x Street Frontage (Thornton St, Pioneer Dr, Zoe Ct) - Expeditions Early Learning centres have 5 x locations across Queensland and Victoria demonstrating a proven track record and education experience. - Strategically positioned close to 9 schools within a 3km* radius - Huge growth precinct/corridor with many homes and townhouses being built in the immediate vicinity - EOI campaign closing on the 15th of August 2024 (4PM) *Approximate Please call exclusive marketing agent Deepen Khagram to obtain a copy of the information memorandum.
Email enquiry to RE/MAX U - MILTON
Properti ID: 504636560