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

615-617 Greenwattle Street Glenvale QLD 4350

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For Sale Under Contract
Branded National Investments
Investment
Property No.

Attributes and Features

Land Area 2653 sqm
Parking 17 onsite car parks
Last Updated Jul 03, 2020
Status Under Contract

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.

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