Burgess Rawson is delighted to offer to the market, 24 Umbriam Road, Wyreema (Toowoomba) QLD for sale via an Expression of Interest campaign, closing Thursday 11 July at 4pm (AEST). + New 20-year net lease to Wyreema Early Education to 2044. + Two further 10-year options to 2064. + Wyreema Early Education: a highly successful, family-owned boutique childcare provider with over 30 years of industry experience. With a growing network of 21 centres, each location is designed with a community-minded focus, catering specifically to the needs of the local community. + Attractive fixed 3.5% annual rent increases. + Tenant pays all outgoings including single holding land tax. + Purpose built (constructed 2020) facility licensed for 115 LDC places. + Near new facility with significant depreciation benefits. + Large 8,660 sqm* site within 350 metres of Wyreema State school and only 400m of the Wyreema train station, offering a direct link to the CBD. + Located 15km Toowoomba’s main retail precinct, including national retailers Harvey Norman, The Good Guys, Spotlight, Anaconda and two major shopping centres - the Coles/Kmart-anchored Toowoomba Plaza, and The Ridge shopping world underpinned by Woolworths. +Toowoomba: commercial centre of the Toowoomba Region Council, located 125km* west from the Brisbane CBD and servicing a retail catchment of over 181,000 people. + Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^^^ + Net Income: $402,500pa* + GST. For sale via an Expression of Interest campaign Closing Thursday 11 July at 4pm (AEST) Please contact the exclusively appointed team for more information. ^^^ Australian Government Department of Education
Burgess Rawson - Brisbane
Level 12, 127 Creek Street, Brisbane-City, Qld
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street, Melbourne, Vic