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171 College Road, Karana Downs, QLD 4306
Freehold Sparrow Childcare Investment - National Covenant
QCommercial Properties, in conjunction with RE/MAX U, is proud to present to the market an exclusive modern, purpose-built tenanted childcare centre located at 171 College Road, Karana Downs QLD 4306. This remarkable property is leased to a national childcare operator in Sparrow Early Learning Childcare Centre and is situated only 22 km* from Brisbane's central business district.
Encompassing a spacious 2,399m²* freehold land, the property features a meticulously designed building with a total area of approximately 462m²*. The childcare centre comprises five activity rooms, shared children's amenities, a staff room, a laundry, an outdoor play area, and more, ensuring a comprehensive and comfortable environment for young learners.
Sparrow Early Learning Childcare group, the lessee, is a renowned National professional provider of early education, committed to delivering outstanding childhood development services. Notably, the brand is in an expansion phase, with an impressive presence of 58* locations already established across Queensland, Victoria and Western Australia. This offering presents a unique investment opportunity in a thriving sector, backed by a reputable and growing childcare brand.
- Land Area 2,396 m2*
- Building Area - 465 m2*
- Lessee - Sparrow Nest Early Learnings
- Rent $155,724* p.a Net (as at 25/1/25)
- Lease End Date - 20 January 2027
- Options - 4 x 5 years
- Outgoings - Tenant pays 100% of outgoings (incl Land Tax)
- Annual Reviews - 3% or CPI (whichever is greater)
- Licensed Childcare Places - 67
- Potential development upside (STCA) to increase childcare places
EXPRESSION OF INTEREST CAMPAIGN
Please call the Exclusive Marketing Agent for further information and to arrange a private inspection.
*Approximately
Property Info
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RE/MAX - U Milton
143 Coronation Drive
Milton, QLD 4064
Tel: 07 3007 9000
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