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SOLD - Boronia Heights (Brisbane) - Renewed Lease

50 Fedrick Street Boronia Heights QLD 4124

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Key Property Highlights

Land Area 2563 sqm
Parking 21 on site car parks
Listing Status Sold

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.

SOLD - Boronia Heights (Brisbane) - Renewed Lease50 Fedrick StreetBoronia Heights, QLD 4124
50 Fedrick Street Boronia Heights QLD 4124