SOLD - Sherwood (Brisbane) - Successful Metro Childcare Centre Leased to Blue Chip Operator

Cushman & Wakefield is pleased to present to the market 16 Thallon Street, Sherwood for Sale via Auction.

The property has the following key characteristics:

• Secure 20 year net lease to 2033 + options to 2043
• Guardian Childcare & Education - Blue chip national operator with 120+ centres, backed by $160 Billion global investment powerhouse Partners Group
• Longstanding childcare centre with a decorated track record of high occupancy & tenant investment
• Prime 1,042 sqm site adjoining Woolworths anchored Sherwood Central Shopping Centre & Sherwood Road’s busy retail & administrative precinct
• Convenient position only 100m to Sherwood Train Station & near major arterials Sherwood Road & Oxley Road
• Sought after childcare location 200m from Sherwood Primary School & within 3 km of a further 13 schools
• Well configured 86 place facility providing spacious activity rooms & outdoor playscape
• Sherwood - Leafy family centric metro Brisbane suburb only 7.5 km from CBD
• Net lease - Tenant pays all outgoings including Land Tax
• Minimum 4% annual rent increases
• Net Income $373,620 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction on Thursday 25 November at 11am AEDT. The Auction will be held at Doltone House Hyde Park, located on Level 3/181 Elizabeth Street, Sydney.

Prospective purchasers & interested parties will have access to remote bidding facilities in both Brisbane & Melbourne as well as via our Live Stream & Online Bidding Platform, strictly via prior arrangement.

Please contact the exclusively appointed Cushman & Wakefield property professionals for more information.