Share this property

realcommercial.com.au
Burgess Rawson - Brisbane

2-14 Glen Road Logan Reserve, QLD 4133

Directions

2-14 Glen Road,
Logan Reserve, QLD 4133

Medical & Consulting • Offices • Other

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Burgess Rawson - Brisbane
Josh Scapolan
Andrew Havig

Burgess Rawson - Brisbane

Level 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Brisbane
2-14 Glen Road
Logan Reserve, QLD 4133

Map of 2-14 Glen Road

Directions

Brand New Childcare Centre Located in Major Residential Growth Corridor | New 20 Year Net Lease to 2044

  • Brand New 20 Year Net Lease
  • Substantial 5,209sqm* Site
  • Significant Residential Growth Corridor
Burgess Rawson is pleased to offer to the market 2-14 Glen Road, Logan Reserve QLD for sale via Expressions of Interest closing Wednesday 14 February 2024 at 3pm AEST (if not sold prior).

This opportunity has the following key investment highlights:

+ Brand new twenty (20) year net lease to 2044
+ Three (3) further ten (10) year options to 2074
+ Believe Early Education: privately-owned early education provider under management by highly experienced childcare operator
+ Fixed annual 3% rent increases with ratchet provisions at market review ensuring future income growth
+ Tenant pays all outgoings including land tax
+ Brand new childcare facility approved for 140 LDC places, offering outstanding depreciation benefits of $321,000 in the first year (59% of first year’s net rent)
+ State-of-the-art 1,208sqm* single-storey centre with 58 designated on-site car spaces and 113m* of direct street frontage to Glen Road
+ Substantial 5,209sqm* landholding prominently positioned within 350m* of Logan Reserve State School (590+ enrolments) and a 3.5km* radius of an additional 5 schools servicing 7,131* students
+ Strategically located 35km* south of Brisbane CBD within a significant residential growth corridor, with an additional 70,000* new dwellings forecast for Logan City by 2031
+ Unmatched site positioning directly adjacent the Sequana Residential Masterplan, with 242 brand new residential dwellings catering to a population of over 1000* new residents
+ Logan City Council: second fastest growing LGA in South-East Queensland, with the population forecast to increase 47% by 2041 to over 500,000 residents and $1.2 billion* committed in future capital works projects
+ Net Income: $540,000 pa* + GST

For sale via Expressions of Interest closing Wednesday 14 February 2024 at 3pm AEST (if not sold prior).

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

*Approx.

Property ID: 504496636Last Updated: 10 Oct 2024

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.