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6-8 Toral Drive, BUDERIM, QLD, 4556

2. Property Highlights

Strong-Trading Childcare Investment at 100% Occupancy
  • New 15 Year Net Lease + opts to 2066
  • Min 3% annual rent increases
  • Tenant pays land tax

+ 15 year net lease to Toral Lodge Childcare to 2036

+ Three further 10 year options to 2066

+ Toral Lodge Childcare: operated and managed by Sparrow Early Learning, with a network of 59 centres nationally

+ Exceptional educational program offering pony rides, and rated ‘Exceeding’ under the National Quality Standard (NQS)

+ Annual rent increases to the greater of CPI or 3%

+ Current occupancy of 100% with long wait-list

+ Tenant pays all outgoings including land tax

+ Completely refurbished child care facility, with service approval for 75 LDC places

+ Substantial 5,000sqm site metres from the Sunshine Motorway and University of the Sunshine Coast (USC)

+ Significant depreciation benefits

+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*

+ Net Income: $240,000 pa + GST

For Sale by Investment Portfolio Auction

10:30AM (AEST) Thursday 16 December 2021

Hilton Brisbane

*Mitchell Institute, Australian Investment in Education: Early Learning.

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3. Property Location

6-8 Toral Drive, BUDERIM, QLD, 4556

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4. Due Diligence

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