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CBRE - Brisbane
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24 Southgate Avenue, (Cnr of Corporate Drive) Cannon Hill, QLD 4170

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For Sale - Expression of Interest

24 Southgate Avenue, (Cnr of Corporate Drive)
Cannon Hill, QLD 4170

Medical & Consulting • Other
Sale Price

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Land area

2028.0m²

Floor area

1292.0m²

Tenure type

Tenanted Investment

PROMINENT FREESTANDING COMMERCIAL INVESTMENT LOCATED WITHIN THRIVING BUSINESS PARK

  • New 15 year lease
  • Net Income: $500,000* pa + GST
  • Fixed 3% annual rent increases
CBRE Healthcare and Social Infrastructure are pleased to offer for sale the National Education Portfolio, comprising of seven (7) premium investments in Australiaʼs most sought after Capital Cities.
 
Features of 24 Southgate Avenue, Cannon Hill include:

+ New 15 year lease to 2034 plus options to 2064

+ Net Income: $500,000* pa + GST

+ Fixed 3% annual rent increases  

+ Tenant pays all outgoings including CAPEX and Land Tax

+ Long-standing, early education provider with 23 centres nationally

+ Significant income tax depreciation benefits

+ Prominent 2,028sqm* corner site with a dual street frontage 7km* from the Brisbane CBD

+ Premium 75 place child care centre of 1,292sqm*
 
24 Southgate Avenue, Cannon Hill will be sold via International Expressions of Interest closing on Thursday 31st October at 2:00pm

For information please contact the exclusive sales and marketing agents:

Sandro Peluso
+61 418 389 757

Josh Twelftree
+61 452 524 985

Darren Collins
+61 404 781 787

Joe Tynan
+61 422 050 338

*Approx

Property ID: 503344602Last Updated: 17 Oct 2019

CBRE - Brisbane
24 Southgate Avenue, (Cnr of Corporate Drive)
Cannon Hill, QLD 4170
Joe Tynan
Darren Collins

CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000

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CBRE - Brisbane

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CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
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Joe Tynan

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Joe Tynan
CBRE - Brisbane
24 Southgate Avenue, (Cnr of Corporate Drive) Cannon Hill, QLD 4170

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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