Stonebridge is pleased to present ‘Edge Early Learning Crestmead (Brisbane)’ for sale via National Portfolio Auction on Wednesday, 26 February at 11am (AEDT). 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 plus 3 month Bank Guarantee - Edge Early Learning – Premium national operator with 64+ childcare centres across Queensland, South Australia and ACT - Stunning, state-of-the-art 98 place facility directly adjoining Crestmead Primary School (1,450+ students) - Completed in 2023, the new facility is available below replacement cost and features the latest in early education fit-out, complement by sprawling playscape, offering substantial depreciation benefits - Well configured 1,557 sqm* site with 20 on-site car parks and a dedicated undercover drop off area - Surrounding by major employment nodes – only 2 mins* drive to nationally significant $1.5bn* Crestmead Logistics Estate including major owners and occupiers Woolworths, Metcash, Charter Hall, Frasers, GPT and Goodman - Highly connected position only a 2 minute* drive to major arterials Browns Plains Road & Chambers Flat Road, both directly leading to Logan Motorway linking to CBD - Crestmead – Only 23 km* to CBD and part of rapidly expanding LGA, population forecast to grow 43% and exceed 500,000 residents by 2036, supported by a $14.36 billion* economy - 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 $347,223 pa* + GST ‘Edge Early Learning Crestmead (Brisbane)’ is for sale via National Portfolio Auction on Wednesday, 26 February at 11am (AEDT). Please contact the exclusively appointed Stonebridge property professionals for more information. *Approximately Property Code: 1159
Email enquiry to Stonebridge Property Group - Brisbane
Properti ID: 504776796