SOLD - Wilsonton (Toowoomba) - 15 Year Triple Net Lease to Proven Operator

Cushman & Wakefield is pleased to present to the market 515-521 Bridge Street, Wilsonton (Toowoomba) for Sale via Offers to Purchase.

The property has the following key characteristics:

• 15 year triple net lease to 2034 + options
• Lead Childcare - Successful & experienced private operator with 15 Centres throughout QLD
• Strategic childcare location 100m to Fairview State School & within 5 minutes drive of 9 other schools
• Excellent exposure with 95+ metres of frontage to Bridge Street/Warrego Highway, 21,100+ vehicles passing daily
• Prominent corner site improved by 3 standalone buildings licensed for 205 LDC places
• Closeby to key employment & infrastructure nodes including Toowoomba Airspace & $90M Woolworths & Coles anchored Wilsonton Shopping Centre
• Tenant pays all outgoings including structural repairs & maintenance, Land Tax & Management Fees
• Lease secured by 6 month Bank & Personal Guarantees
• Toowoomba - Dynamic Regional City supported by a multi-faceted $11 Billion economy, population 149,512
• Minimum 3% annual rent increases
• Net Income $324,450 pa + GST

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