17 Approach Road,
Banyo, QLD 4014
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Map of 17 Approach Road
Train stations within 5 km of 17 Approach Road, Banyo, QLD 4014 Distance Banyo Station 929 m Nudgee Station 1.4 km Bindha Station 1.4 km Virginia Station 2.3 km Northgate Station 2.4 km POWERED BY HERE ©Bus stops within 5 km of 17 Approach Road, Banyo, QLD 4014 Distance Approach Rd at Acu 64 m Approach Rd at Mellifont Street 91 m Red Hill Rd Near Earnshaw Rd 210 m Approach Rd Near Kilcooly St 356 m Red Hill Rd Near Langton St 476 m POWERED BY HERE ©
POWERED BY HERE ©
New 10 Year Net Lease Childcare Investment | Leased to ASX Listed G8 Education
RE/MAX Next International is pleased to offer to the market, 17 Approach Road, Banyo QLD 4014 for sale via Expressions of Interest Campaign.
• 10 Year Net Lease + Options to 2046
• Fixed 3% annual rent increases
• Substantial 2,046 sqm site
This opportunity has the following key investment highlights:
+ Brand new 10 year net lease to G8 Education from 2021 to 2031
+ Three further 5 year options to 2046
+ G8 Education (ASX:GEM): Australia's largest ASX-listed childcare provider, with 470+ centres across Australia and Singapore, educating more than 58,000 children every day
+ Attractive 3% annual rent increases
+ Tenant pays all outgoings, including land tax
+ Well-maintained child care facility with service approval for 75 LDC places + Substantial 2,096 sqm landholding, only 12 kilometres from the Brisbane CBD
+ Strategic position opposite the Australian Catholic University, 250m from Earnshaw College (P-12) and 750m from the Woolworths-anchored Banyo Shopping Centre Banyo and train station.
+ Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^^^
+ Brisbane City: the third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050
+ Net Income: $207,618 pa* + GST
For Sale via Expressions of Interest, by Monday 1 July 2024
Please contact the exclusively appointed RE/MAX Next International team for more information.
*Approx
^^^ Australian Government Department of Education
• 10 Year Net Lease + Options to 2046
• Fixed 3% annual rent increases
• Substantial 2,046 sqm site
This opportunity has the following key investment highlights:
+ Brand new 10 year net lease to G8 Education from 2021 to 2031
+ Three further 5 year options to 2046
+ G8 Education (ASX:GEM): Australia's largest ASX-listed childcare provider, with 470+ centres across Australia and Singapore, educating more than 58,000 children every day
+ Attractive 3% annual rent increases
+ Tenant pays all outgoings, including land tax
+ Well-maintained child care facility with service approval for 75 LDC places + Substantial 2,096 sqm landholding, only 12 kilometres from the Brisbane CBD
+ Strategic position opposite the Australian Catholic University, 250m from Earnshaw College (P-12) and 750m from the Woolworths-anchored Banyo Shopping Centre Banyo and train station.
+ Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^^^
+ Brisbane City: the third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050
+ Net Income: $207,618 pa* + GST
For Sale via Expressions of Interest, by Monday 1 July 2024
Please contact the exclusively appointed RE/MAX Next International team for more information.
*Approx
^^^ Australian Government Department of Education
Property ID: 504590196Last Updated: 26 May 2024
04815002...
17 Approach Road
Banyo, QLD 4014
RE/MAX Next International - WEST END392 Montague Road
WEST END, QLD 4101
WEST END, QLD 4101
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