Stonebridge is pleased to present ‘Edge Early Learning Morayfield (Brisbane)’ for sale via Expressions of Interest closing Thursday 10 April at 3pm (AEST). The asset boasts the following key investment features: - Market leading, new 20 year triple net lease to 2043 + options to 2063 with favourable 3% or CPI annual rent increases (whichever is greater) - Rare Triple Net Lease – Tenant pays all outgoings including Land Tax, Insurance, Management Fees and Structural Repairs & Maintenance - Edge Early Learning – Premium national operator with 64+ childcare centres across Queensland, South Australia and ACT - Brand new, architecturally designed 114 place facility directly opposite Morayfield East Primary School (972+ students) - Completed in September 2023, the new facility is available below replacement cost and features the latest in early education fit-out, complemented by sprawling playscape, offering substantial depreciation benefits - Expansive 2,010 sqm* corner site with 39 car parks and dedicated undercover drop off area - Only 4 mins* drive to Morayfield Train Station (640 bay commuter car park) and 3 mins to Bruce Highway M1 and Morayfield Road, collectively carrying 140,434+ vehicles daily - Surrounded by major employment nodes – 1.1 km* to Morayfield Road retail ‘Magic Mile’, home to Bunnings, BCF, Harvey Norman, Officeworks, Woolworths and ALDI - Morayfield – Key retail and commercial hub 35 km* from the Brisbane CBD, part of the rapidly expanding Moreton Bay region, population forecast to grow over 40%* to 690,000+ residents by 2041 - 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 - Ratchet clause provision at market review ensures rent cannot decrease - Net Income $412,496 pa* + GST 'Edge Early Learning Morayfield (Brisbane)’ is for sale via Expressions of Interest closing Thursday 10 April at 3pm (AEDT). Please contact the exclusively appointed Stonebridge property professionals for more information. *Approximately Property Code: 1209
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