SOLD - Laidley (Lockyer Valley) - High Yielding Childcare Centre - Triple Net Lease to National Prov

Cushman & Wakefield’s National Investment Sales team is pleased to present to the market 23 Hope Street, Laidley for Sale via Auction.

The property has the following key characteristics:

• Secure 15 year triple net lease to 2032 + options to 2042
• Paisley Park Early Education - Reputable national operator established across 19 proven locations
• Refurbished childcare centre possessing one-of-a-kind outdoor playscapes
• Sprawling facility offering a multitude of learning experiences for children, licensed for 75 Long Day Care places
• Ideally located within close proximity to all local schools, major employment node of Laidley Hospital and Laidley retail precinct
•  Laidley - Strong agricultural town in the Lockyer Valley, 1 hour from Brisbane and 45 minutes from Australia’s second largest inland city, Toowoomba
• Lease secured by 6 month rent & outgoings Bank Guarantee and Parent Company Guarantee
• Landlord friendly triple net lease, tenant pays all outgoings including Structural Repairs & Maintenance, Land Tax and Management Fees
• Minimum 5 year notice period to exercise options
• Minimum 3% annual rent increases
• Net Income $151,268 pa + GST (as at October 2021)

The investment is for sale by way of Cushman & Wakefield National Portfolio Auction on Wednesday 28 July at 10am.

Interested parties based in New South Wales will have access to our Live Stream and Online Bidding Platform strictly via prior arrangement.

Interstate Live Stream and Bidding Facilities will be available at the below Venues;

Brisbane - Dexus Place - Waterfront Place, Level 31, 1 Eagle Street, Brisbane
Melbourne - Dexus Place - Level 14, 385 Bourke Street, Melbourne

Should you hold interest in bidding on the asset from one of these locations or via the Online Bidding Platform, please contact the exclusively appointed Cushman & Wakefield property professionals.