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84-88 Main Street Westbrook, QLD 4350

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84-88 Main Street,
Westbrook, 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.
$416,500
Number of Tenants
1 Tenant
Tenants / Type
Little Locals

Private inspections

to arrange a private inspection.

Map of 84-88 Main Street

Directions
  • Bus stops within 5 km of 84-88 Main Street, Westbrook, QLD 4350Distance
    Main Street at Progress Avenue76 m
    Barwick Street at McIntosh Street (Hail and Ride)556 m
    Ferguson Road Near Gwenda Drive1.3 km
    Boundary Street at Gore Highway (HNR)1.4 km
    Shoesmith Road Near Boundary Street (Hail N Ride)1.5 km
    POWERED BY HERE ©
POWERED BY HERE ©

Brand New High Occupancy Childcare Investment - 20 Year Net Lease

  • Strategic Growth Location
  • Fixed 3% Annual Increases
  • Net Income $416,500 pa + GST
Stonebridge National Investment Sales is pleased to present ‘Little Locals Toowoomba (Westbrook)’ for sale via Expressions of Interest.

The asset has the following key investment features:

• Brand new 20 year net lease to 2042 + options to 2062
• Little Locals - Successful, longstanding operator - High portfolio occupancy across 10 premium facilities*
• Large 2,976 sqm* site incorporating sprawling playscapes and 29 car parks
• New improvements (built 2021) providing optimal depreciation benefits
• Architecturally designed, carbon neutral facility licensed for 140 places and exhibiting 90%+ occupancy
• Key ‘precinct’ location amongst McDonald’s, 7-Eleven, IGA, Medical Centre and Tavern
• Strategic gateway position to emerging master planned community - 1,500+ new homes, Coles Shopping Centre and additional schools proposed
• Direct 47m* frontage and exposure to Gore Highway/Toowoomba-Athol Road - A busy & important arterial connecting Westbrook to Toowoomba CBD
• Toowoomba - Dynamic Southeast QLD city with strong $11 Billion economy, booming population set to exceed 200,000 by 2036
• Net Lease - Tenant pays all usual outgoings including Land Tax
• Lease secured by 6 month Bank Guarantee
• Fixed 3% annual rent increases
• Net Income $416,500* pa + GST

The asset is for sale Individually or in one line with Little Locals Auchenflower, via Expressions of Interest closing Monday 11th April at 1pm.

Please contact the exclusively appointed Stonebridge property professionals for further information.


*Approx.
^Operational by end of 2022

Property ID: 504029175Last Updated: 14 Jun 2022

realcommercial.com.au logo
84-88 Main Street
Westbrook, QLD 4350
Stonebridge Property Group - BRISBANE CITY
Level 24, 10 Eagle Street
BRISBANE CITY, QLD 4000
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