Childcare Centre, 402 Moggill Road,
Indooroopilly, QLD 4068

Medical & Consulting • Offices • Shops & Retail

Key property information

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Map of Childcare Centre, 402 Moggill Road

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Stunning Brisbane Childcare Investment

15 year triple net lease
Journey E.L: national provider
3% rent increases + ratchet provisions

Brand new 15 year lease to Journey Early Learning to 2032
Two further 5 year options to 2042
Journey Early Learning: highly regarded and successful childcare provider with a further 10 centres across Victoria and Queensland
Attractive 3% annual rent increases plus 'ratchet' provisions at market review, ensuring guaranteed rental growth
Triple net lease terms with the tenant responsible for all outgoings including: capital/ structural works and land tax
Immaculate 340 sqm facility, with high-end conversion completed in 2017 and licensed for 54 LDC places
High-exposure 1,210 sqm main road site, with dual street frontage of 58m
Strategic position 450 metres from Westfield Indooroopilly and only 6km south-west from the Brisbane CBD
Net Income: $151,200 pa

Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne

Indooroopilly, 4068 demographic data

The median household income for Indooroopilly is $2,078, 12% higher than Greater Brisbane's household income of $1,849. Indooroopilly has a younger age profile compared to the rest of Greater Brisbane (median age 33 vs 36). Property ownership data shows 46% of property owners in Indooroopilly have a mortgage.

13,622

Population

$2,078 per week

Median household income

33 years

Median age

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