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Burgess Rawson - Brisbane

61 Miller Street Urangan, QLD 4655


61 Miller Street,
Urangan, QLD 4655

Medical & Consulting • Shop & Retail • Other

Price information

Sale - Auction Wed 10 Nov

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Fully Leased
Est. Incomep.a.
Number of Tenants
1 Tenant
Tenants / Type


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Burgess Rawson - Brisbane
Glenn Conridge
Andrew Havig

Burgess Rawson - Brisbane

Level 12, 127 Creek Street
Burgess Rawson - Brisbane
61 Miller Street
Urangan, QLD 4655

Map of 61 Miller Street

  • Bus stops within 5 km of 61 Miller Street, Urangan, QLD 4655Distance
    Miller Street Near Pulgul St190 m
    Pulgul Street Near Boat Harbour Dr373 m
    Boat Harbour Drive Near Caringa St393 m
    Pulgul Street Near Dayman St406 m
    Dayman Street Near Pulgul St478 m

Long Established Childcare Investment | 15 Year Triple Net Lease

  • 15 Year Net Lease + options to 2042
  • Min 3% annual rent increases
  • Large 2,443 sqm landholding
+ 15 year triple net lease to 2032
+ Two further 5 year options to 2042
+ Minimum 3% annual rent increases with ratchet provision at market review, ensuring rental growth
+ Tenant pays 100% of outgoings including: all maintenance (both capital and structural), rates, management fees, insurances and land tax
+ Purpose-built 518sqm child care centre, with service approval for 75 LDC places
+ Substantial 2,443sqm landholding strategically located opposite Urangan Point State School (P-6)
+ Hervey Bay: the fastest growing seaside city in regional Queensland and only 3 hours’ drive north from Brisbane. A world renowned tourist destination and the commercial centre of the Fraser Coast region, with a trade catchment of over 107,000 residents.
+ 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: $158,190 pa + GST

For Sale by Investment Portfolio Auction
11am (AEDT) Wednesday 10 November 2021

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

Property ID: 503925118Last Updated: 15 Oct 2021

Agency contacts

Burgess Rawson - Brisbane
Level 12, 127 Creek Street
Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
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