50 Fedrick Street,
Boronia Heights, QLD 4124

Medical & Consulting • Shops & Retail • Other

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Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000

07 3852 22...

50 Fedrick Street

Boronia Heights, QLD 4124

07 3852 22...

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Renewed Lease to Australia’s Largest Childcare Provider

Well established local centre
Prominent 80+ metre frontage
Net Income $121,551 pa + GST

Cushman & Wakefield are pleased to present to the market a purpose built childcare located at 50 Fedrick Street, Boronia Heights for sale via offers to purchase.

The property has the following key characteristics:

• Renewed lease to 2025 + option to 2030 (notice period of 5 years and 6 months)
• Goodstart Early Learning Ltd - Australia’s largest not for profit Childcare provider with over 640 locations and 2018 revenue in excess of $1 Billion
• Single level, purpose built childcare centre with recently upgraded playscape
• Well established local centre with 21 on site car parks
• Prominent 80+ metre frontage to busy Fedrick Street
• Licenced for 74 Long Day Care places
• Strategic location in close proximity to IGA anchored Boronia Shopping Village, Boronia Heights State School and Park Ridge Primary and State High School
• Boronia Heights - residential suburb located 27kms south of the Brisbane CBD
• Tenant pays all usual outgoings including structural capital expenditure and excluding Land Tax
• Net Income $121,551 pa + GST

For more information please contact the exclusive agents at Cushman & Wakefield.

Property ID: 503106570Last Updated: 22 May 2019

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Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000