$4,675,000
80 Thornton Street, Raceview, QLD 4305
Modern contemporary purpose built 118 place childcare centre - For Sale
QCommercial Properties in conjunction with RE/MAX U Is proud to exclusively present to the market a large 118 place childcare centre situated on 2,320m2* of land with a 3-street frontage tenanted by Expeditions Early Learning Group located at 80 Thornton Street, Raceview.
This expansive, purpose-built childcare center has undergone renovations with approximately $300,000 invested in improvements and upgrades. Strategically located within a 3km radius of nine schools and numerous residential developments, this center offers incoming investors a promising opportunity.
Raceview is 30km* West of Brisbane CBD, a rapidly growing suburb of Ipswich, one of Queensland's fastest-growing cities, forecasted to reach over 550,000 residents by 2041.
- Modern contemporary purpose built single level childcare centre
- Licensed 118 place childcare centre
- Net Income - $289,470* (as of 1/8/2024)
- Long lease to 2031 + Options to 2051
- Outgoings – 100% recoverable including land tax and management fees
- Land area – 2,310m2*
- Car parks – 14
- Frontage – 3 x Street Frontage (Thornton St, Pioneer Dr, Zoe Ct)
- Expeditions Early Learning centres have 5 x locations across Queensland and Victoria demonstrating a proven track record and education experience.
- Strategically positioned close to 9 schools within a 3km* radius
- Huge growth precinct/corridor with many homes and townhouses being built in the immediate vicinity
- EOI campaign closing on the 15th of August 2024 (4PM)
*Approximate
Please call exclusive marketing agent Deepen Khagram to obtain a copy of the information memorandum.
Property Info
LEGAL DOCUMENTS
RE/MAX - U Milton
143 Coronation Drive
Milton, QLD 4064
Tel: 07 3007 9000
Email Us
Deepen Khagram
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