G8 Education, 116 Benfer Road, Victoria Point, Qld 4165

Stonebridge is pleased to present ‘G8 Education Victoria Point (Brisbane)’ for sale via National Portfolio Auction on Tuesday 12 August at 10am (AEST).

The asset has the following key investment features:

   -  Renewed 10 year net lease to 2033 with no further options and uncapped CPI annual rent increases

   -  Perfectly suited to owner occupiers, developers and investors

   -  Well below market rent providing opportunity for income uplift at open market review

   -  G8 Education – Dominant ASX listed childcare operator across 400+ centres nationally, market cap. circa $717 million*

   -  Significant main road 3,081 sqm* corner site with 79* metres* direct frontage to Benfer Road and 24 car parks

   -  Established, purpose built 101 place childcare facility directly opposite significant 1,132+ student state school

   -  Valuable ‘District Centre’ zoning, providing long term upside and flexibility of future uses

   -  Highly connected location only 55 metres* to dual lane carriageway, Cleveland Redland Bay Road carrying 40,736+ vehicles daily

   -  Victoria Point – Established family friendly Brisbane metro suburb only 28 km* to CBD providing a wealth of education, retail and transport amenity

   -  Brisbane – Booming capital city and economic engine of the $409 billion* Qld economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents

   -  Net Lease – Tenant pays usual outgoings including Repairs & Maintenance, Insurance and Rates

   -  Net Income $217,542 pa* + GST

‘G8 Education Victoria Point (Brisbane)’ is for sale via National Portfolio Auction on Tuesday 12 August at 10am (AEST).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1351