SOLD - Townsville - New ‘Hamptons Style’ Childcare Investment - Net Lease to Specialist Operator

Cushman & Wakefield is pleased to present to the market 79 Veales Road, Jensen (Townsville) for Sale via Offers to Purchase.

The property has the following key characteristics:

• Renewed 10 year net lease to 2030 + options to 2050
• Little Zebra - Specialist North QLD operator, high occupancy levels across 6 Centres
• Expansive 4,603 sqm site incorporating magnificent outdoor playscape plus 47 car parks
• Attractive 946 sqm ‘Hamptons’ style early learning facility licensed for 142 LDC places
• Strategic location with favourable childcare demographics & metres from Townsville’s leading St Anthony’s Catholic College (1,300+ students)
• Situated 3 minutes’ drive from major retail precinct incl. Coles, Woolworths, GP Super Clinic, Hungry Jacks & BCF
• Jensen - Part of booming Northern Beaches growth corridor, population forecast to triple to 56,017 by 2036
• Townsville - Resilient QLD City boasting a multi-faceted $11.75 Billion economy, population 195,032
• Tenant pays all usual outgoings (incl. Land Tax & R&M’s)
• Minimum 3% annual rent increases
• Net Income $454,400 pa + GST

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