SOLD - Woolloongabba (Brisbane) - Trophy Inner City Investment - Global Tenant with Revenue of $822M

Cushman & Wakefield is pleased to present a rare opportunity to acquire a premium inner city investment leased to a global tenant and located only 2.6 km from the CBD.

The offering has the following key investment attributes:

• Busy Bees - 15 year net lease to 2034 + options to 2049
• Body Fit Gym - New 5 year lease to 2026 + option
• Busy Bees - Blue chip global early education provider across 635+ locations & boasting 2018 revenues of $822 Million
• Undeniable future development upside - Current zoning allows for up to 15 storeys of development
• Prime position along major arterial Logan Road - Over 21,000* passing cars daily & 70m of continuous dual street frontage
• Situated within one of Brisbane’s largest urban renewal precincts with recent private & public sector investment totalling over $7 Billion
• State of the art 950 sqm* multi-level facility incorporating a one-of-a-kind rooftop outdoor play area
• Newly built Centre offering significant tax depreciation benefits
• Highly sought after lease structure - Tenant responsible for all usual outgoings including Land Tax & Management Fees
• Fixed 3% annual rent increases
• Net Income $715,300 pa + GST

For further information on the property please contact the exclusive Cushman & Wakefield property professionals.