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Stonebridge Property Group - Brisbane

Goodstart, 3 Oldfield Street Middle Ridge, QLD 4350

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Goodstart, 3 Oldfield Street,
Middle Ridge, QLD 4350

Medical & Consulting • Shops & Retail • Showrooms & Large Format Retail
Added 1 day ago

Price information

Sale - Auction Wed 27 Nov

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Key property information

Land area

Floor area

Car spaces

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$138,179
Number of Tenants
1 Tenant
Tenants / Type
Childcare

Auction

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Stonebridge Property Group - Brisbane
Michael Collins
James Freemantle
Tom Moreland

Stonebridge Property Group - Brisbane

Level 29, 10 Eagle Street
BRISBANE CITY, QLD 4000
Stonebridge Property Group - Brisbane
Goodstart, 3 Oldfield Street
Middle Ridge, QLD 4350

Map of Goodstart, 3 Oldfield Street

Directions
  • Bus stops within 5 km of Goodstart, 3 Oldfield Street, Middle Ridge, QLD 4350Distance
    Spring St at Ramsay Street102 m
    Spring St at Wood Drive258 m
    Spring St at Middle Ridge State School298 m
    Spring St at Middle Ridge School310 m
    Spring St at Lourdes Home442 m
    POWERED BY HERE ©
POWERED BY HERE ©

Prized Goodstart Childcare Asset - 15 Year Triple Net Lease to 2035 + Options

  • Large 2,744 sqm* Corner Site
  • Within 840 m* of 1,360+ Students
  • Fixed 3% Annual Increases
Stonebridge is pleased to present Goodstart Middle Ridge (Toowoomba) for sale via National Portfolio Auction Wednesday 27 November at 11am (AEDT), if not sold prior.

The asset has the following key investment features:

- Secure 15 year triple net lease to 2035 plus options to 2055 with fixed 3% annual rent increases

- Goodstart Early Learning – Australia’s largest early learning provider across 654+ locations, 2023 revenue of $1.3Bn*

- Considerable 2,744 sqm* corner site with 17 on-site car parks and direct frontage to Spring Street, a major arterial leading to New England Highway (20,811+ vehicles daily)

- High performing 75 place childcare facility diagonally opposite Middle Ridge Primary School (699+ students) & only 840m* from Highland Christian College (661+ students)

- Well below market rent providing opportunity for income uplift

- Ideal childcare location situated in a high density residential catchment and within 3 km* of 10 surrounding schools

- Convenient childcare position located on a busy roundabout of two main arterials and directly opposite Spar anchored Middle Ridge Village

- Only 2 minutes’ drive to key retail hub accommodating Woolworths, Coles, Aldi, Kmart, Harvey Norman, The Good Guys, Spotlight, Anaconda, Amart Furniture & Supercheap Auto among a plethora of others

- Toowoomba - Dynamic South-East Queensland city with strong $11 Billion economy with population to exceed 200,000+ by 2036

- Triple Net lease – Tenant pays all outgoings including Structural Repairs & Maintenance, Land Tax, Insurance and Management Fees plus 3 month Bank Guarantee

- Net Income $138,179 pa* + GST

‘Goodstart Middle Ridge (Toowoomba)’ is for sale via National Portfolio Auction Wednesday 27 November at 11am (AEDT), if not sold prior.

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

*Approximately

Property Code: 1122

Property ID: 504725744Last Updated: 1 Nov 2024

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