Plais Early Learning 15 Abbott Street, Camp Hill, Qld 4152

Stonebridge and CBRE are pleased to present 'Plais Early Learning Camp Hill (Brisbane)' for sale via Expressions of Interest closing Thursday 5 September at 3pm (AEST).

The asset has the following key investment features:

   -  Brand new 20 year net lease to 2044 plus options to 2064 with market leading annual rent increases being the greater of CPI or 3.5%

   -  Plais Early Learning - High-end, specialist operator trading at 100% occupancy with extensive waitlist and part of successful multi-centre network across 5 strong performing centres

   -  Brand new refurbishment provides significant depreciation benefits (52% of Year 1 income)

   -  Valuable inner-metro Brisbane landholding underpinned by 'centre' zoning which allows for a multitude of future alternate uses

   -  Well configured childcare facility with immaculate finishes and sprawling outdoor playscape

   -  Prime position opposite prestigious Whites High State College (778+ students from Prep-12), plus a further 16 schools within 3km*

   -  Conveniently situated 450m* from Woolworths anchored Camp Hill Marketplace and 1 minute's drive from major arterial Old Cleveland Road, carrying 61,646+ vehicles daily

   -  Camp Hill - Affluent Brisbane suburb only 6km* to CBD, with household income 76% above national average & median house price 72% above national average

   -  Net lease - Tenant responsible for all outgoings including land tax, management fees and general repairs and maintenance and secured by Directors' Personal Guarantees and 3 month Bank Guarantee

   -  Net income $297,600 pa*+ GST

*Approximately

'Plais Early Learning Camp Hill (Brisbane)' is for sale via Expressions of Interest closing Thursday 5 September at 3pm (AEST).

Please contact Stonebridge & CBRE for more information.

Property Code: 1007