SOLD - Boronia Heights (Brisbane) - Renewed Lease

Cushman & Wakefield are pleased to present to the market a purpose built childcare located at 50 Fedrick Street, Boronia Heights for sale via offers to purchase.

The property has the following key characteristics:   

• Renewed lease to 2025 + option to 2030 (notice period of 5 years and 6 months)
• Goodstart Early Learning Ltd - Australia’s largest not for profit Childcare provider with over 640 locations and 2018 revenue in excess of $1 Billion
• Single level, purpose built childcare centre with recently upgraded playscape
• Well established local centre with 21 on site car parks
• Prominent 80+ metre frontage to busy Fedrick Street
• Licenced for 74 Long Day Care places
• Strategic location in close proximity to IGA anchored Boronia Shopping Village, Boronia Heights State School and Park Ridge Primary and State High School
• Boronia Heights - Residential suburb located 27kms south of the Brisbane CBD
• Tenant pays all usual outgoings including structural capital expenditure and excluding Land Tax
• Net Income $121,551 pa + GST

For more information please contact the exclusive agents at Cushman & Wakefield.