110 Burrendah Road

Jindalee QLD 4074

+ Two (2) further ten (10) year options to 2058
+ Avenues Early Learning: renowned early education provider with 16 centres in South-East Queensland
+ Fixed 3% annual rent increases plus 'ratchet provisions' at market reviews, ensuring rent cannot reduce
+ Tenant pays all usual outgoings including all maintenance (capex & structural), rates, insurances, and management fees
+ Long established and strong trading child care centre, licenced for 74 LDC places and rated "Exceeding" under the National Quality Standard (NQS)
+ Substantial 1,798sqm* site adjoining Jindalee State School (740+ enrolments) and positioned amongst a significant educational precinct - 12 schools within a 3km* radius
+ Strategically located only 1km* from both DFO Jindalee and Home Co, underpinned by established national retailers including Coles, BCF, Petbarn, and over 130 specialty stores
+ Conveniently situated within close proximity to the Centenary Highway, providing direct access to the Brisbane CBD (11km*)
+ 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 both Federal and State Governments providing record funding. In 2022, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year**
+ Net Income: $227,288 pa* + GST

For Sale by Offers to Purchase.

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

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