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CBRE - Brisbane
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45 Folkestone Street Bowen Hills, QLD 4006

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For Sale - Expression of Interest

45 Folkestone Street
Bowen Hills, QLD 4006

Medical & Consulting • Other
Sale Price

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Land area

0.45ha (1.12 acres)

Floor area

4557.0m²

Tenure type

Tenanted Investment

DOMINANT FREESTANDING TWO (2) LEVEL COMMERCIAL BUILDING ON THE EDGE OF THE CBD (3KM*)

  • New 15 year lease
  • Net Income: $1,700,000* pa + GST
  • Strong trading centre - 100% occupancy
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 45 Folkestone Street, Bowen Hills include:

+ New 15 year lease to 2034 plus options to 2064

+ Net Income: $1,700,000* pa + GST

+ Fixed 3% annual rent increases  

+ Tenant pays all outgoings including CAPEX and Land Tax

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

+ Significant income tax depreciation benefits of $2,669,828*

+ Substantial landholding of 4,549sqm* with prominent dual street frontages

+ Premium 230 place child care centre of 3,103sqm with 31 at-grade parking spaces

45 Folkestone Street, Bowen Hills 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: 503344618Last Updated: 17 Oct 2019

CBRE - Brisbane
45 Folkestone Street
Bowen Hills, QLD 4006
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
45 Folkestone Street Bowen Hills, QLD 4006

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

Kind Regards,

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