Dewe Doyle Commercial is pleased to present to the market ‘Shapes Early Learning Redbank Plains’ For Sale.

The asset has the following key investment features:

• Brand New 20 Year Lease to 2043 plus two 10 year options to 2063

• Highly desirable landlord friendly Triple Net Lease – tenant pays 100% of outgoings as per the lease including single holding land tax, management fees and capital repairs and maintenance

• Superior annual rent increases, greater of CPI or 3%, assuring rental growth

• Excellent depreciation benefits, brand new construction. Potential for 52% of the first years income to be tax free.

• Ideal childcare location, bordering Kindergarten to Year 12 School (Staines Memorial College) with 618* students, only 1.1km to Fernbrook Primary State School with 1,350* students, 2.7km to St Anne's Catholic School with 780 students, 2km to Redbank Plains State School with 800 students.

• Architecturally designed 111 Long Day Care centre

• Significant site of 2,785sqm at the front of a 77 townhouse subdivision

• Lease Security: 6 month Bank Guarantee plus Director Guarantees

• Importantly positioned amongst one of Brisbane’s fastest growing residential catchments, the area is fast becoming a dominant convenience retail hub with the recently opened Mountview Shopping Centre, anchored by Woolworths and the proposed Mountview Train Station which is to be located on the Northern boundary of the subject property

• Redbank Plains: High population growth area, surrounded by significant residential developments bolstering the immediate population. Situated within the Ipswich City Council, Queensland’s fastest growing municipality with population forecast to reach 520,000+ residents by 2041

• Shapes Early Learning - highly successful and experienced directors. The directors are the owners/operators of Appleberries Early Learning and have held executive positions at G8 Education. By the end of 2024, Shapes Early Learning is estimated to have 4 centres in QLD with over 500 licenced places

• Net Income: $432,900 pa + GST

*approximately

Shapes Early Learning Redbank Plains is For Private Sale.

Please contact the exclusively appointed Dewe Doyle Commercial agents for more information.