Share this property

realcommercial.com.au
Burgess Rawson - Brisbane

Journey Early Learning, 271 Thompsons Road Templestowe Lower, VIC 3107

Directions

Journey Early Learning, 271 Thompsons Road,
Templestowe Lower, VIC 3107

Medical & Consulting • Shops & Retail • Other

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Burgess Rawson - Brisbane
Adam Thomas

Burgess Rawson - Brisbane

Level 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Brisbane
Journey Early Learning, 271 Thompsons Road
Templestowe Lower, VIC 3107

Map of Journey Early Learning, 271 Thompsons Road

Directions

Set-and-Forget Childcare Investment | New 12+10+10+10 Year Net Lease to 2064

  • Fixed 3.25% annual rent increases
  • 100% occupancy with long wait-list
  • 861sqm high profile corner site
Burgess Rawson is pleased to offer to the market, 271 Thompsons Road, Templestowe Lower for sale via our Auction Investment Portfolio 155.

This investment has the following key investment highlights:

+ New 12 year net lease to Journey Early Learning to 2034.
+ Three further 10 year options to 2064.
+ Journey Early Learning: leading early education provider, with a network of 37 centres across the eastern seaboard.
+ Attractive 3.25% annual rent increases.
+ Strong trading business with 100% occupancy & long wait-list.
+ Tenant pays all usual outgoings.
+ Extensively refurbished childcare centre with significant depreciation and licensed for 45 LDC places.
+ Prominent corner road site with frontages to Sunhill Road and Thompsons Road, situated within a significant schooling precinct with six primary and secondary schools within a 1.5-kilometre radius.
+ Conveniently located metres from the ALDI and Woolworths-anchored Macedon Square, and within close proximity from Westfield Doncaster, underpinned by major retailers ALDI, Coles, Woolworths and over 350 specialty retailers.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year*
+ Net Income: $172,825 pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 14 September 2022
Crown Casino - River Room

Please contact the exclusively appointed Burgess Rawson team for more information.

Burgess Rawson:
Natalie Couper: 0413 856 9...
Adam Thomas: 0418 998 9...
Sam Mercuri: 0413 830 7...

Conjunctional Agent:
David Knuppel
0412 393 829
childcarebrokers@bigpond.com.au

*Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).

Explore property virtually

Video

Property ID: 504139611Last Updated: 19 Apr 2023

Burgess Rawson - Brisbane
Level 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Burgess Rawson - Brisbane

Other properties you might be interested in based on the location and property type you are looking at.