144 Boundary Road

Bardon QLD 4065

+ Two further 10 year options to 2062
+ Eden Academy: experienced boutique childcare operator with a network of 22 centres Australia-wide
+ Fixed 3% annual rent increases, plus 'ratchet' provisions at market reviews, ensuring rent cannot reduce
+ Tenant pays 100% of outgoings including land tax
+ State-of-the-art purpose-built childcare centre approved for 49 LDC places
+ New construction with significant depreciation benefits
+ Strategically positioned directly opposite one of Brisbane's top ranked schools - Rainworth State School
+ High exposure 1,300sqm site with exposure to 23,500+ passing vehicles daily and bordering neighbouring affluent suburbs of Paddington, Ashgrove & Rosalie
+ Bardon: highly sought-after affluent location only 4 kilometres from the Brisbane CBD, with a medium house price of $1,710,000
+ Brisbane: The third largest city in Australia, with a population forecasted to grow by 230% to 4.2 million residents by 2050
+ Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year*
+ Net Income: $227,850 pa* + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Friday 16 September 2022
The Hilton - Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).