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SOLD - Glenvale (Toowoomba) - Renewed & Extended Triple Net Lease to G8 Education

615-617 Greenwattle Street Glenvale QLD 4350

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Key Property Highlights

Land Area 2653 sqm
Parking 17 onsite car parks
Listing Status Sold

Cushman & Wakefield is pleased to present to the 615-617 Greenwattle Street, Glenvale (Toowoomba) for Immediate Sale via Offers to Purchase.

The property has the following key characteristics:

  • Renewed 7 year lease to 2027 + options to 2047
  • G8 Education - Secure ASX Listed early education provider across 490+ Centres, market cap $828 Million
  • Prime 2,653 sqm site benefitting from dual street access + 17 onsite car parks
  • 50m to brand new Coles & Liquorland Supermarket opening August 2020
  • Strategic childcare location - 13 schools within 3 km’s
  • Well-presented, purpose built 74 place Centre with expansive outdoor playscape
  • Triple net lease - Tenant pays all outgoings including Land Tax, Management Fees and structural repairs & maintenance
  • Glenvale - Major residential growth corridor of Toowoomba, 3,000+ lots recently approved
  • Toowoomba - Dynamic regional City supported by a strong multi-faceted $11 Billion economy, population 149,512
  • Net Income $123,416 pa + GST

For more information please contact the Exclusive property proessionals at Cushman & Wakefield.

SOLD - Glenvale (Toowoomba) - Renewed & Extended Triple Net Lease to G8 Education615-617 Greenwattle StreetGlenvale, QLD 4350
615-617 Greenwattle Street Glenvale QLD 4350