Genius Childcare, 8 Short Street,
Nerang, QLD 4211
Medical & Consulting • Shops & Retail • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Brisbane
Level 12, 127 Creek StreetBRISBANE CITY, QLD 4000
Genius Childcare, 8 Short Street
Nerang, QLD 4211
Map of Genius Childcare, 8 Short Street
Secure 15 Year Triple Net Lease to 2036 | Leading National Provider
- Tenant pays 100% of outgoings
- Min 2.5% annual rent increases
- Rated ‘Exceeding’ under the NQS
Burgess Rawson is pleased to offer to the market, 8 Short Street, Nerang for sale via our Auction Investment Portfolio 155.
This investment has the following key investment highlights:
+ 15 year triple net lease to Genius Childcare to 2036
+ Two further 10 year options to 2056
+ Genius Childcare: leading early education provider, with a network of 35 centres across Australia
+ Annual rent increases to the greater of 2.5% or CPI, plus ‘ratchet’ provisions at market reviews, ensuring rent cannot reduce
+ Tenant pays 100% of outgoings including: all maintenance (both capital and structural), land tax, rates, insurances, and management fees
+ Established child care centre licensed for 75 LDC places
+ Rated ‘Exceeding’ under the National Quality Standards (NQS)
+ Strategically located opposite Nerang State School (P-12) and within close proximity from Nerang State High School, St Brigid’s Catholic Primary School, and Trinity + Lutheran College
+ Conveniently positioned within metres of the Pacific Motorway interchange, 850 metres from Coles-anchored Nerang Fair Shopping Centre, 950 metres from My + Centre Nerang underpinned by ALDI and Coles, and 1.20 kilometres from the Woolworths Nerang Mall
+ Gold Coast: one of Australia's fastest-growing cities with current population of 620,518 and forecast to grow to over 1,000,000 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: $270,375 pa + GST (as at October 2022)**
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).
**Assuming CPI of 3%
This investment has the following key investment highlights:
+ 15 year triple net lease to Genius Childcare to 2036
+ Two further 10 year options to 2056
+ Genius Childcare: leading early education provider, with a network of 35 centres across Australia
+ Annual rent increases to the greater of 2.5% or CPI, plus ‘ratchet’ provisions at market reviews, ensuring rent cannot reduce
+ Tenant pays 100% of outgoings including: all maintenance (both capital and structural), land tax, rates, insurances, and management fees
+ Established child care centre licensed for 75 LDC places
+ Rated ‘Exceeding’ under the National Quality Standards (NQS)
+ Strategically located opposite Nerang State School (P-12) and within close proximity from Nerang State High School, St Brigid’s Catholic Primary School, and Trinity + Lutheran College
+ Conveniently positioned within metres of the Pacific Motorway interchange, 850 metres from Coles-anchored Nerang Fair Shopping Centre, 950 metres from My + Centre Nerang underpinned by ALDI and Coles, and 1.20 kilometres from the Woolworths Nerang Mall
+ Gold Coast: one of Australia's fastest-growing cities with current population of 620,518 and forecast to grow to over 1,000,000 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: $270,375 pa + GST (as at October 2022)**
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).
**Assuming CPI of 3%
Explore property virtually
Video
Property ID: 504138267Last Updated: 1 Mar 2024
Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Brisbane
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
35 Price Street,Nerang, QLD 4211 1 m²Medical & Consulting • Shops & Retail • Development Sites & Land