906-910 Yaamba Road, Parkhurst, Qld 4702

Burgess Rawson is pleased to offer to the market C&K Childare & Kindergarten located at 1906-910 Yaamba Road, Parkhurst (Rockhampton) QLD for sale via Expressions of Interest.

This opportunity has the following key investment highlights:

+ Brand new fifteen (15) year net lease to 2039
+ Three (3) further ten (10) year options to 2069
+ C&K Childcare & Kindergarten: one of Australia’s leading early education operators with a network of 330+ childcare centres throughout Queensland
+ Highly desirable net lease terms with the tenant paying all outgoings including land tax & management fees
+ Attractive fixed 3% annual rent increases with ratchet provisions at market reviews, ensuring the rent cannot reduce
+ State-of-the-art 934sqm* purpose-built childcare facility approved for 136 LDC places with 48 car spaces on title
+ Brand new construction completed early 2024, offering substantial depreciation benefits
+ Strategically located landholding directly opposite Parkhurst State School (440+ enrolments) & only 9km* north of the Rockhampton CBD
+ Expansive 4,342sqm* landholding with 65m* of direct street frontage to Yaamba Road (Bruce Highway) offering exposure to over 15,000* passing vehicles daily
+ Situated within proximity of integral infrastructure and key retail amenities including Central Queensland University & Parkhurst Town Centre - featuring national retailers Woolworths, KFC, BWS, Caltex & numerous specialty tenants
+ Centrally located in the Parkhurst catchment - a major residential growth corridor with the local population expected to increase by 127% to over 8,500 residents* by 2041^
+ Rockhampton Region: logistics hub of central Queensland known for its diverse economy underpinned by resource and agricultural industries with a population forecast to exceed 98,000* by 2041^^
+ Net Income: $459,680 pa* + GST

For sale via Expressions of Interest closing Thursday 15 August 2024 at 3pm AEST (if not sold prior).

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.