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40-44 Raff Street Toowoomba City, QLD 4350

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40-44 Raff Street,
Toowoomba City, QLD 4350

Medical & Consulting • Offices • Shop & Retail

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

Directions
  • Train stations within 5 km of 40-44 Raff Street, Toowoomba City, QLD 4350Distance
    Toowoomba Station655 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 40-44 Raff Street, Toowoomba City, QLD 4350Distance
    Campbell St Near Grenier St (Hail N Ride)206 m
    Ruthven St Near Evelyn St223 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 Street345 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.

Property ID: 504029311Last Updated: 14 Jun 2022

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40-44 Raff Street
Toowoomba City, QLD 4350
Stonebridge Property Group - BRISBANE CITY
Level 24, 10 Eagle Street
BRISBANE CITY, QLD 4000
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