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Cushman & Wakefield - Brisbane

80 Thornton Street Raceview, QLD 4305

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80 Thornton Street,
Raceview, QLD 4305

Shops & Retail • Medical & Consulting • Offices

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Cushman & Wakefield - Brisbane
Daniel Cullinane

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
0431 278 8...
Cushman & Wakefield - Brisbane
80 Thornton Street
Raceview, QLD 4305

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Renewed 12 Year Lease - QLD’s Fastest Growing Corridor

  • Renewed 12 Year Net Lease + Options
  • Fixed 3% Annual Rent Increases
  • Net Income $237,641 pa + GST
Cushman & Wakefield’s National Investment Sales team is pleased to present to the market 80 Thornton Street, Raceview for Sale via Offers to Purchase.

The property has the following key characteristics:

- Renewed 12 year net lease to 2031 + options to 2051
- Expeditions Early Learning Journey - Established national childcare provider across 7 strong performing locations in QLD & VIC offering a proven and innovative education experience
- Expansive purpose-built facility having undergone circa $300,000 capex enhancements and upgrades, licensed for 118 places
- Well positioned closeby to 9 schools within a 3 km radius, totaling 4,100+ students
- Strategic growth location with 350+ new townhouses being delivered in the immediate precinct
- Raceview - 30 km west of Brisbane CBD and part of rapidly expanding Ipswich, QLD’s fastest growing municipality with 151% population growth forecast to reach 555,000+ residents by 2041
- Lease secured by Director’s Personal Guarantees and Bank Guarantee equivalent to 3 months’ rent
- Fixed 3% annual rent increases
- Net Income $237,641 pa + GST

For more information please contact the exclusive property professionals at Cushman & Wakefield.

Property ID: 503856262Last Updated: 5 Jul 2022

Cushman & Wakefield - Brisbane
Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
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