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Cushman & Wakefield - Brisbane

246-248 Riding Road Balmoral, QLD 4171

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246-248 Riding Road,
Balmoral, QLD 4171

Medical & Consulting • Shops & Retail • Other

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Cushman & Wakefield - Brisbane

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
07 3852 22...
Cushman & Wakefield - Brisbane
246-248 Riding Road
Balmoral, QLD 4171

Map of 246-248 Riding Road

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Premium Childcare Investment – Prestigious Brisbane Location

  • 10 year lease to 2028 + options to 2048
  • Trading at 100% occupancy
  • Net Income $267,280 pa (as at Jan 2019)
Cushman & Wakefield are pleased to present to the market the Balmoral House Private Preschool for sale via Auction.

The property has the following key characteristics:
• 10 year lease to 2028 plus options to 2048
• Balmoral House Private Preschool – A boutique ‘Hamptons’ style child care centre operating at 100% occupancy
• Prime location on Riding Road, 8 kilometres from the CBD and walking distance to Oxford Street, Bulimba’s high street dining and retail precinct
• Strategic position across from St’s Peter and Paul’s Primary School and 2 mins drive to Bulimba and Morningside State School’s
• Nestled in the heart of one of Brisbane’s most affluent areas, 2018 median house price of $1.6M and neighbouring the prestigious suburbs of Bulimba and Hawthorne
• Newly built, multi-level architecturally designed centre offering significant tax saving depreciation benefits
• Rare ratchet lease provision ensuring rent cannot decrease and guaranteeing rental growth
• Tenant pays all usual outgoings including Land Tax
• 3 month Bank Guarantee and Director’s Personal Guarantee
• Annual rent increases in line with CPI + 1%
• Net Income $267,280 pa + GST (as at January 8 2019)


The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Wednesday 5th of December at 10:30am AEDT with bidding facilities available in Sydney, Melbourne and Brisbane.
Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive agents.

Property ID: 503008170Last Updated: 20 Feb 2019

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