Burgess Rawson is pleased to offer to the market Smartland Boutique Early Learning Sunshine Coast located at 11 Courage Street, Sippy Downs (Sunshine Coast) QLD for sale via Offers to Purchase.

The property has the following investment highlights:

+ New fifteen (15) year net lease to November 2038 with options to 2048
+ Smartland Boutique Early Learning: highly successful privately owned & operated early education provider with a network of 8+ centres across QLD & NSW
+ Tenant pays all outgoings including land tax & management fees
+ Brand new construction completed late 2023, offering outstanding depreciation benefits of $266,738 in the first year (60% of the first-year net income*)
+ Fixed annual 3% rent increases ensuring future rental growth
+ Substantial 1,733sqm* NLA double-storey childcare facility licensed for 119 LDC places with 28 designated car spaces
+ Flexible building management scheme allowing for future adaptability and optimisation of the centre
+ Prime site positioning within Sunshine Coast’s premier educational precinct, directly adjacent The University of Sunshine Coast and within immediate proximity of four (4) schools, which combine to service over 5,500 students*
+ Surrounded by an abundance of national retailers including McDonald’s, KFC, Woolworths, Coles, Subway, StellaRossa & TerryWhite Chemmart
+ Prominently situated in a major residential precinct with over 2,200+ dwellings & 5,700 residents located within a 1km* radius of the site^
+ Outstandingly positioned landholding located between the Bruce Highway & the Sunshine Coast Motorway, two major arterial roadways carrying a combined 105,742* passing vehicles daily^
+ Sunshine Coast: one of Australia’s fastest growing regional areas with a population over 377,000 which is forecast to grow to by 33% to over 500,000 residents by 2041^^
+ Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families^^^
+ Net Income: $440,300 pa* + GST

* Approximately
^ Gap Maps
^^ Sunshine Coast Council
^^^ Australian Government Department of Education

For Sale via Offers to Purchase.