Bask Early Learning, 232 Springwood Road, Springwood, Qld 4127

Stonebridge is pleased to present ‘Bask Early Learning Springwood (Brisbane) for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

   -  Rare 20 year net lease to 2039 + options to 2049 with market leading annual rent increases, the greater of 3.5% or CPI

   -  Bask Early Learning – Boutique early learning provider with high occupancy across a growing portfolio of premium centres in south east Queensland

   -  Significant 4,077 sqm* landholding improved by state-of-the art 140 place childcare centre with 41 car parks

   -  Impressive two storey facility constructed in 2019, featuring elevator access, a commercial grade kitchen and the latest in early education fit out, offering substantial depreciation benefits

   -  Conveniently located on key thoroughfare, Springwood Road, only 4 mins* drive to the Pacific Motorway M1, carrying 152,136+ vehicles daily*

   -  Strategic childcare location within 950m* of four schools (2,209 students) plus 9 further schools within 3km*

   -  Proximate to major employment nodes of Springwood and Slacks Creek, housing important industrial, logistics and retail precincts, including nearby Springwood Mall, anchored by Woolworths and Target

   -  Springwood – Soaring growth location, 17 km* to the Brisbane CBD, positioned within the booming Brisbane to Gold Coast corridor, with local population forecast to exceed 500,000 by 2036*

   -  Brisbane – Booming capital city and economic engine of the $409 Billion* Queensland economy, population forecast to grow 40% in the next 20 years to 3.5 million residents

   -  Secure Net Lease – Tenant pays all usual outgoings including Land Tax, plus rare 9 month Bank Guarantee & Director’s Personal Guarantee

   -  Net Income $499,828 pa* + GST

‘Bask Early Learning Springwood’ is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1274