SOLD - Laidley (Lockyer Valley) - Secure 15 Year Triple Net Lease - National Childcare Operator

Cushman & Wakefield are pleased to present to the market 23 Hope Street, Laidley (Lockyer Valley) for sale via an Expression of Interest campaign closing Friday 18 October at 4pm.

The property has the following key characteristics:   

• Secure 15 year triple net lease to 2032 + options to 2042
• Paisley Park Early Education - Proven operator with 22 centres nationally and 5 forthcoming 
• Refurbished and expanded purpose built facility licensed for 75 LDC places
• Ideally located within close proximity to all local schools and Laidley retail precinct
• Laidley - Between Brisbane and Toowoomba, strong regional location within the prosperous Lockyer Valley farming region
• Lease secured by a 6 month rental and outgoings Bank Guarantee being $84,274 and Parent Company Guarantee
• Landlord friendly triple net lease - Minimum 5 year notice period to exercise options 
• Tenant pays all outgoings including Structural Repairs and Maintenance, Land Tax and Management Fees 
• Minimum 3% annual rent increases
• Net Income $142,584 pa + GST

For Sale via Expression of Interest campaign closing on Friday 18 October at 4pm.