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Stonebridge Property Group - BRISBANE CITY

Play & Learn, The Gap, 10-14 Payne Road The Gap, QLD 4061

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Play & Learn, The Gap, 10-14 Payne Road,
The Gap, QLD 4061

Medical & Consulting • Shop & Retail • Showrooms & Large Format Retail

Price information

Sale

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Key property information

Land area

Car spaces

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$382,454
Number of Tenants
1 Tenant

Private inspections

to arrange a private inspection.
Stonebridge Property Group - BRISBANE CITY
Tom Moreland
Michael Collins

Stonebridge Property Group - BRISBANE CITY

Level 24, 10 Eagle Street
BRISBANE CITY, QLD 4000
Stonebridge Property Group - BRISBANE CITY
Play & Learn, The Gap, 10-14 Payne Road
The Gap, QLD 4061

Map of Play & Learn, The Gap, 10-14 Payne Road

Directions
  • Train stations within 5 km of Play & Learn, The Gap, 10-14 Payne Road, The Gap, QLD 4061Distance
    Gaythorne Station3.9 km
    Kepperra Station4.1 km
    Mitchelton Station4.2 km
    Enoggera Station4.4 km
    Dawson Pde at Grovely Station4.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Play & Learn, The Gap, 10-14 Payne Road, The Gap, QLD 4061Distance
    Waterworks Rd at Payne Road80 m
    Payne Rd at Glenmore St211 m
    Waterworks Rd at Jevons Street235 m
    Payne Rd at Payne - Glenmore238 m
    Waterworks Rd at Cooinda Street366 m
    POWERED BY HERE ©
POWERED BY HERE ©

Strong Performing Metro Brisbane Childcare Investment - 20 Year Net Lease

  • Secure 20 year net lease to 2039
  • Fixed 3% annual rent increases
  • Strong trading centre - high occupancy
Stonebridge National Investment Sales is pleased to present to the market Play & Learn Childcare, The Gap (Brisbane), for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

- Secure 20 year net lease to 2039 + options to 2059
- Play & Learn - 10 centres throughout Brisbane and growing - longstanding, well regarded operator with 30+ year history
- Prominent 1,962 sqm* site zoned 'District Centre' allowing for a multitude of future alternate uses, adjoining convenience centre
- Prime exposure and access to Waterworks Road (27,000 vehicles daily*), a major arterial providing direct vehicular access to the CBD
- Conveniently located for parents with 6 schools within 3 km* and near Coles, Aldi & McDonalds anchored Gap Village Shopping Centre
- Modern and impressive 2 storey facility constructed in 2019, approved for 112 LDC places plus basement car parking for 26 vehicles
- Established facility exhibiting high occupancy levels
- The Gap - popular, family friendly suburb only 6 km* to Brisbane CBD
- Tenant pays all outgoings including Land Tax & Management Fees
- Lease secured by 3 month Bank Guarantee and Directors Guarantees
- Fixed 3% annual rent increases
- Net Income $382,454 pa* + GST


*Approximate


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

Property ID: 504087079Last Updated: 9 Aug 2022

Stonebridge Property Group - BRISBANE CITY
Level 24, 10 Eagle Street
BRISBANE CITY, QLD 4000
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