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SOLD - Glenvale (Toowoomba) - Renewed & Extended Triple Net Lease to G8 Education
615-617 Greenwattle Street Glenvale QLD 4350
Investments
Investment
Property No.
Key Property Highlights
| Land Area | 2653 sqm |
|---|---|
| Parking | 17 onsite car parks |
| Listing Status | Sold |
Cushman & Wakefield is pleased to present to the 615-617 Greenwattle Street, Glenvale (Toowoomba) for Immediate Sale via Offers to Purchase.
The property has the following key characteristics:
- Renewed 7 year lease to 2027 + options to 2047
- G8 Education - Secure ASX Listed early education provider across 490+ Centres, market cap $828 Million
- Prime 2,653 sqm site benefitting from dual street access + 17 onsite car parks
- 50m to brand new Coles & Liquorland Supermarket opening August 2020
- Strategic childcare location - 13 schools within 3 km’s
- Well-presented, purpose built 74 place Centre with expansive outdoor playscape
- Triple net lease - Tenant pays all outgoings including Land Tax, Management Fees and structural repairs & maintenance
- Glenvale - Major residential growth corridor of Toowoomba, 3,000+ lots recently approved
- Toowoomba - Dynamic regional City supported by a strong multi-faceted $11 Billion economy, population 149,512
- Net Income $123,416 pa + GST
For more information please contact the Exclusive property proessionals at Cushman & Wakefield.