17 Approach Road,
Banyo, QLD 4014
Medical & Consulting • Shops & Retail • Other
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CBRE - QLD
Level 3, 1 Eagle StreetBRISBANE CITY, QLD 4000
17 Approach Road
Banyo, QLD 4014
Map of 17 Approach Road
New 10 Year Net Lease Childcare Investment | Leased to ASX Listed G8 Education
- 10 Year Net Lease + Options to 2046
- Fixed 3% annual rent increases
- Substantial 2,046 sqm site
+ Brand new 10 year net lease to G8 Education to 2031
+ Three further 5 year options to 2046
+ G8 Education (ASX:GEM): Australia’s largest ASX-listed childcare provider, with 470+ centres across Australia and Singapore, educating more than 58,000 children every day
+ Attractive 3% annual rent increases
+ Tenant pays all outgoings, including land tax
+ Well-maintained child care facility with service approval for 75 LDC places
+ Substantial 2,096 sqm landholding, only 12 kilometres from the Brisbane CBD
+ Strategic position opposite the Australian Catholic University, 250m from Earnshaw College (P-12) and 750m from the Woolworths-anchored Banyo Shopping Centre Banyo and train station.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $190,000 pa + GST
For Sale by Investment Portfolio Auction
11am (AEST) Wednesday 29 September 2021
*Mitchell Institute, Australian Investment in Education: Early Learning.
+ Three further 5 year options to 2046
+ G8 Education (ASX:GEM): Australia’s largest ASX-listed childcare provider, with 470+ centres across Australia and Singapore, educating more than 58,000 children every day
+ Attractive 3% annual rent increases
+ Tenant pays all outgoings, including land tax
+ Well-maintained child care facility with service approval for 75 LDC places
+ Substantial 2,096 sqm landholding, only 12 kilometres from the Brisbane CBD
+ Strategic position opposite the Australian Catholic University, 250m from Earnshaw College (P-12) and 750m from the Woolworths-anchored Banyo Shopping Centre Banyo and train station.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $190,000 pa + GST
For Sale by Investment Portfolio Auction
11am (AEST) Wednesday 29 September 2021
*Mitchell Institute, Australian Investment in Education: Early Learning.
Additional information
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Banyo, 4014 demographic data
The median household income for Banyo is $2,121, 15% higher than Greater Brisbane's household income of $1,849. Banyo has an older age profile compared to the rest of Greater Brisbane (median age 37 vs 36). Property ownership data shows 59% of property owners in Banyo have a mortgage.
6,105
Population
$2,121 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
CBRE - QLDLevel 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Contact Agency
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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