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CBRE - VIC

382 Tufnell Road Banyo, QLD 4014

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382 Tufnell Road,
Banyo, QLD 4014

Medical & Consulting • Shops & Retail • Other

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CBRE - VIC
Adam Thomas

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - VIC
382 Tufnell Road
Banyo, QLD 4014

Map of 382 Tufnell Road

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Stunning Brisbane Childcare Investment

  • New 15 Year Net Lease to 2036
  • Fixed 3% annual rent increases
  • 100% occupancy with wait list
+ Brand new 15 year net lease to Journey Early Learning to 2036
+ Two further 10 year options to 2056
+ Journey Early Learning: one of Australia’s leading early education providers, with a network of 37 centres across the eastern seaboard
+ Attractive 3% annual rent increases
+ Tenant pays 100% of outgoings, including land tax
+ As new 365sqm child care facility with service approval for 61 LDC places
+ Large 1,214 sqm landholding with 13 on-site car spaces
+ Significant depreciation benefits
+ Strategic location only 400m from Earnshaw College (P-12) and 850m from the Woolworths-anchored Banyo Retail Centre
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $218,358 pa + GST

For Sale by Investment Portfolio Auction
11:00am (Brisbane Time) Wednesday 10 November 2021

*Mitchell Institute, Australian Investment in Education: Early Learning.

Banyo, 4014 demographic data

The median household income for Banyo is $2,121, 15% higher than Greater Brisbane's household income of $1,849. Banyo has an older age profile compared to the rest of Greater Brisbane (median age 37 vs 36). Property ownership data shows 59% of property owners in Banyo have a mortgage.

6,105
Population
$2,121 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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BRISBANE CITY, QLD 4000

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