Price information
Sale - Expression of Interest
Contact Agent
Under Contract
Key property information
Land area
Floor area
Car spaces
Parking info
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$343,200
Number of Tenants
1 Tenant
Tenants / Type
Cherubs Early Learning Centre
Private inspections
to arrange a private inspection.
Map of 40-44 Raff Street
Train stations within 5 km of 40-44 Raff Street, Toowoomba City, QLD 4350 Distance Toowoomba Station 655 m POWERED BY HERE ©Bus stops within 5 km of 40-44 Raff Street, Toowoomba City, QLD 4350 Distance Campbell St Near Grenier St (Hail N Ride) 206 m Ruthven St Near Evelyn St 223 m Hume St Near French St (Hail N Ride) 250 m Ruthven St at Defiance Mill (Hail N Ride) 288 m Bridge St at Sir Street 345 m POWERED BY HERE ©
POWERED BY HERE ©
High Yielding Childcare Investment - Brand New 15 Year Triple Net Lease
- Longstanding Centre - 26+ Year History
- Minimum 3% Annual Rent Increases
- Net Income $343,200 pa + GST
Stonebridge is pleased to present to the market 40-44 Raff Street, Toowoomba for Sale via Expressions of Interest.
The asset has the following key investment features:
• Brand new 15 year triple net lease to 2037 + option to 2042
• Cherubs Early Learning - Longstanding childcare centre with proven 26+ year history
• Land rich 2,833 sqm* site near Toowoomba CBD, TAFE, Bunnings and Queens Park
• Convenient, easily accessible location near Ruthven Street (New England Highway) and major thoroughfare Bridge Street
• Central childcare position within close proximity to 27 schools (within 3 km)
• Recently refurbished and upgraded facility licensed for 120 places
• Toowoomba - Dynamic Southeast QLD city with strong $11 Billion economy, booming population set to exceed 200,000 by 2036
• Triple Net Lease - Tenant pays all outgoings including Land Tax and structural R&Ms
• Lease secured by Bank Guarantee equivalent to 6 month’s rent
• Minimum 3% annual rent increases
• Net Income $343,200 pa* + GST
The investment is for sale by way of Expressions of Interest closing Monday 11th April at 1pm.
Should you hold interest in the asset please contact the exclusively appointed Stonebridge property professionals.
*Approx.
The asset has the following key investment features:
• Brand new 15 year triple net lease to 2037 + option to 2042
• Cherubs Early Learning - Longstanding childcare centre with proven 26+ year history
• Land rich 2,833 sqm* site near Toowoomba CBD, TAFE, Bunnings and Queens Park
• Convenient, easily accessible location near Ruthven Street (New England Highway) and major thoroughfare Bridge Street
• Central childcare position within close proximity to 27 schools (within 3 km)
• Recently refurbished and upgraded facility licensed for 120 places
• Toowoomba - Dynamic Southeast QLD city with strong $11 Billion economy, booming population set to exceed 200,000 by 2036
• Triple Net Lease - Tenant pays all outgoings including Land Tax and structural R&Ms
• Lease secured by Bank Guarantee equivalent to 6 month’s rent
• Minimum 3% annual rent increases
• Net Income $343,200 pa* + GST
The investment is for sale by way of Expressions of Interest closing Monday 11th April at 1pm.
Should you hold interest in the asset please contact the exclusively appointed Stonebridge property professionals.
*Approx.
Property ID: 504029311Last Updated: 14 Jun 2022
40-44 Raff Street
Toowoomba City, QLD 4350
Stonebridge Property Group - BRISBANE CITYLevel 24, 10 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Michael Collins
Thomas Proberts
Tom Moreland
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.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
For Sale via EOI Closing 30 June 2022 at 10:00am
2 Kirk Street,Toowoomba City, QLD 4350 105 m²Medical & Consulting • Offices
AUCTION 19 July 2022 at 5pm
26-28 Erin Street,Wilsonton, QLD 4350 1 m²Development Sites & Land • Medical & Consulting • Offices