Growing Tree Early Education, 32 Beeville Rd, Petrie, Qld 4502

Stonebridge is pleased to present ‘GrowingTree Early Education Petrie (Brisbane)’ for sale via National Portfolio Auction on Thursday 14 August at 11am (AEST).

The asset boasts the following key investment features:

   -  Rare 20 year triple net lease to 2044 plus options to 2064 with market leading annual rent increases being the greater of CPI or 3%

   -  Triple Net Lease – Tenant pays 100% of all outgoings including Rates, Insurance, Management Fees, Land Tax and Structural Repairs & Maintenance

   -  GrowingTree Early Education – Proven family owned operator with 12 Brisbane centres open by 2026 and a strong track record of high portfolio occupancy

   -  Large 1,619 sqm* landholding improved by a modern 64 place childcare centre with 18 car parks

   -  Extensive $2 million refurbishment completed in 2023, providing the latest in early education fit-outs, premium finishes and bespoke play equipment - substantial depreciation benefits available

   -  Strategic childcare location only 800m* from Petrie Primary School & Kurwongbah Primary School (1,211+ combined students), plus 8 further schools within 3km*

   -  Conveniently 4 mins* drive to Petrie Train Station (560 Park ‘n’ Ride bays) and 2 mins* to key arterial Gympie Road, carrying 31,047+ vehicles daily*

   -  Only 1.7km* to The Mill at Moreton Bay Priority Development Area, home to Australia’s first greenfield university campus in 20 years and set to generate $1 billion for the local economy each year by 2031*

   -  Petrie – Established family suburb 23km* to Brisbane CBD, part of the rapidly expanding Moreton Bay region, population forecast to grow over 40%* to 690,000+ residents by 2041

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

   -  Protected Income Growth – Secured by a Bank Guarantee, Director’s Personal Guarantee and Ratchet Clause, ensuring rent cannot decrease at market review

   -  Net Income $241,280 pa* + GST

‘GrowingTree Early Education Petrie (Brisbane)’ is for sale via National Portfolio Auction on Thursday 14 August at 11am (AEST).

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

*Approximately

Property Code: 1347