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Stonebridge Property Group - Brisbane

Avenues Early Learning, 24 Riordan Street Aspley, QLD 4034

Avenues Early Learning, 24 Riordan Street,
Aspley, QLD 4034

Medical & Consulting • Shops & Retail • Showrooms & Large Format Retail

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Contact the Stonebridge Team

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Stonebridge Property Group - Brisbane
Michael Collins
Thomas Proberts
Tom Moreland

Stonebridge Property Group - Brisbane

Level 29, 10 Eagle Street
BRISBANE CITY, QLD 4000
Stonebridge Property Group - Brisbane
Avenues Early Learning, 24 Riordan Street
Aspley, QLD 4034

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Metro Childcare Near Primary School - 20 Year Net Lease to 2038 + Options

  • Strong Trading Brisbane Childcare
  • Ideal Location - 12 Schools within 3 km*
  • 11km from CBD Near Major Retail Precinct
Stonebridge is pleased to present ‘Avenues Early Learning Aspley (Brisbane)’ for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

- Secure 20 year net lease to 2038 plus 2 x 10 year options to 2058 with fixed 3% annual increases

- Avenues Early Learning - Successful national operator, established for 20+ years and boasting a network of 28 facilities

- Strong trading 75 place childcare centre rated ‘Exceeding” under the National Quality Standard

- Modern facility set across a large 1,980 sqm* site with 57 m* combined dual-street frontage and 13 car parks

- Ideal childcare position 190 m* from Aspley State School (726 students) plus 11 further schools within 3 km*

- Convenient position 230 m* from Gympie Road, Queensland’s second busiest arterial carrying 60,513+ vehicles daily*

- Strategically located nearby Aspley Central Shopping Centre and only 275 m* from Aspley Hypermarket, home to Woolworths, Coles, Kmart and ALDI, welcoming 4,100,000+ visitors annually*

- Aspley - Established family friendly suburb 11 km* north of the CBD located on major arterial and host to an extensive retail precinct

- Secure Net Lease - Tenant pays all usual outgoings including Management and Structural Repairs and Maintenance, excluding Land Tax

- Lease secured by 6 month bank guarantee

- Net Income $295,713 pa* + GST

*Approximately

‘Avenues Early Learning Aspley (Brisbane)’ is for sale via Immediate Offers to Purchase.

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

Property Code: 987

Property ID: 504614412Last Updated: 12 Jul 2024

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