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Burgess Rawson - Brisbane

23 Tillot Street Dutton Park, QLD 4102

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23 Tillot Street,
Dutton Park, QLD 4102

Medical & Consulting • Offices • Other

Price information

Sale - Auction Thu 16 May

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$260,190
Number of Tenants
1 Tenant
Tenants / Type
Chatterbox ELC

Auction

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Burgess Rawson - Brisbane
Josh Scapolan
Andrew Havig

Burgess Rawson - Brisbane

Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Brisbane
23 Tillot Street
Dutton Park, QLD 4102

Map of 23 Tillot Street

Directions
  • Train stations within 5 km of 23 Tillot Street, Dutton Park, QLD 4102Distance
    Park Road Station506 m
    Dutton Park Station896 m
    South Bank Station1.1 km
    Buranda Station1.5 km
    Fairfield Station2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 23 Tillot Street, Dutton Park, QLD 4102Distance
    Annerley Rd at Dutton Park Primary162 m
    Stephens Rd Near Athlone St313 m
    Gladstone Rd at Pope Street340 m
    Stephens Rd Near Annerley Rd350 m
    Annerley Rd at Boggo Road366 m
    POWERED BY HERE ©
POWERED BY HERE ©

Rare Inner-City Childcare Investment | Brand New 15 Year Net Lease to 2039

  • Significant depreciation benefits
  • High performing centre
  • Premier schooling catchment
Burgess Rawson are pleased to present Dutton Park Chatterbox Childcare & Early Learning located at 23 Tillot Street, Dutton Park QLD for sale via Investment Portfolio Auction 168.

This opportunity has the following key investment highlights:

+ Brand new fifteen (15) year net lease to 2039
+ Two (2) further ten (10) year options to 2059
+ Chatterbox Early Learning: privately owned & operated early education provider with a renowned reputation and a network of 9 centres
+ Annual rent increases to the greater of CPI or 3% with ratchet provisions at market review, ensuring the rent cannot reduce
+ Tenant pays all outgoings including land tax and management fees
+ Strong trading business currently operating at 90%+ occupancy
+ Newly constructed in 2022, offering outstanding depreciation benefits of $124,500 of the current years rent (46% of net rent*)
+ State-of-the-art 866sqm* double-story childcare facility licensed for 59 LDC places with 11 designated on-site car spaces
+ Well-positioned 1,071sqm* inner-city landholding located only 2km* from Brisbane CBD with strong intrinsic land value
+ Strategically positioned in a prized schooling catchment - within 300m* of Dutton Park State School (310+ enrolments) & a further 21 schools within a 3km* radius of the centre, combining to service 8,338 students*
+ Centrally located between two of Brisbane’s major health precincts - Mater Hospital Precinct (600m*) & Princess Alexandra Hospital Precinct (1.2km*)
+ Unrivalled location within a premier retail catchment - 14 neighbourhood centres within a 3km* radius including major centre’s West Village, South/City Square, Buranda Village & Coorparoo Square, underpinned by national tenants Coles, Woolworths, ALDI, Target, Harris Farm Markets & numerous specialty stores
+ 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: $260,190 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 16 May 2024
The Hilton, Brisbane

Bidder registration required, register at portfolioauctions.com.au

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

*Approx.

Property ID: 504568588Last Updated: 1 May 2024

Burgess Rawson - Brisbane
Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
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