SOLD - Caboolture - Rare 20 Year Net Lease - Super Trading Childcare Investment

Cushman & Wakefield are pleased to present to the market 11-13 Warner Street, Caboolture (Brisbane) for sale via Public Auction.

The property has the following key characteristics:

• Rare 20 year lease to 2039 + options
• Longstanding tenant, 10+ years in occupation with ‘exceeding’ national quality rating
• Well positioned centre within close proximity to Caboolture’s core commercial precinct and major thoroughfare of King Street
• Large 2,406 sqm corner site with 3 street frontages
• Within 3 kms of 15 schools, Tafe, QUT University and Caboolture Square Shopping Centre
• Caboolture - North of Brisbane and the economic epicentre of the Moreton Bay Region - Third largest local Govt. area in Aus. experiencing significant population growth set to hit to 645,000 people by 2036
• Highly secure ratchet lease provisions - ensuring rent cannot decrease during life of lease
• Tenant pays all usual outgoings including Land Tax
• Minimum 3% annual rent increases
• Net Income $160,000 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 22 August at 2pm at the Cushman & Wakefield Sydney Office, located on Level 22, 1 O’Connell Street, Sydney NSW 2000.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive agents.