Burgess Rawson is pleased to offer to the market, Daisies Early Learning, for sale via our Investment Portfolio Auction 156.

The property has the following investment highlights:

+ Brand new 10 year net lease to Daisies Early Learning to 2032
+ One further 10 year option to 2042
+ Daises Early Learning: Established centre of 37+ years
+ Attractive 4% annual rent increases
+ Tenant pays all outgoings including land tax
+ Strong trading business with 100% occupancy and long waitlist
+ Well-maintained childcare centre licensed for 21 LDC places
+ Prominent corner site, directly opposite the Coles-anchored Deeragun Shopping Centre and within metres of KFC, Hungry Jacks, and the Bruce Highway (24,000+ passing vehicles daily)
+ Close proximity to both Bunnings and North Shore Marketplace underpinned by Woolworths, and within ease of access to 5 schools
+ Strategically positioned in one of Townsville’s rapidly expanding corridors, forecasted to increase to 80,000 residences by 2030
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year*
+ Net Income: $34,000 pa** plus GST

To be sold by Investment Portfolio Auction
10:30am AEST Thursday 27th October 2022
The Hilton, Brisbane

*Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC)
**approx.