Brand New Purpose Built SDA Investment | 15 + 5 Year Lease to 2044
Description
Burgess Rawson is pleased to offer to the market purpose a built SDA investment leased to United Housing Australia located at 6a Gatfield Street, Newtown (Toowoomba) QLD for sale via Offers to Purchase.
6 Gatfield Street, Newtown (Toowoomba) QLD has sold via Portfolio Auction 174.
The properties have the following investment highlights:
+ Brand new fifteen (15) year lease to United Housing Australia to 2039, plus one (1) further five (5) year option to 2044
+ United Housing Australia: leading Australian NDIS registered provider of Specialist Disability Accommodation (SDA), operating 3 locations nationally with multiple future sites under construction
+ Brand new construction in 2024, providing maximum depreciation benefits
+ Purpose built freestanding single-level SDA, constructed to the ‘High Physical Support’ standards
+ Tenant responsible for 100% of outgoings excluding land tax, as per the lease
+ Greater of CPI or fixed 3% annual rent increases, providing guaranteed rental growth
+ Two impressive separate three (3) bedroom SDA plus on-site overnight assist carers rooms both situated on 506sqm* freehold sites
+ Strategically positioned 150 metres* from the Clifford Gardens Shopping Centre, anchored by BIG W, Coles & Woolworth and close proximity to public transport amenities providing access to the Toowoomba CBD
+ Australian Government has committed an additional $227.6 million in NDIS funding in 2024, bringing the total to $5.4 billion over the next five years to support Australians living with disabilities
+ Toowoomba Region: the western gateway to the $280 billion south east Queensland economy, with population forecast to exceed 204,000 people by 2041
+ QLD’s 6th largest region by population, the Toowoomba Region generates $14.76 billion in Gross Regional Product (GRP) with an estimated 93,206 jobs in the area
+ Net Incomes: $139,858 pa* (6 Gatfield Street – SOLD) & $131,545 pa* (6a Gatfield Street)
For Sale via Offers to Purchase.
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
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Contact agents
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Adam Thomas Partner | Managing Director QLD
0418 998 971
Craig Chapman Sales Executive
0427 110 132
Tom Lawrence Sales Executive
0428 626 117Enquiry Form
Newtown, QLD
6 Gatfield Street
For Sale by Portfolio Auction
This property is part of Portfolio 174
Price: Contact Agent
Contact agents
-
Adam Thomas Partner | Managing Director QLD
0418 998 971 -
Craig Chapman Sales Executive
0427 110 132 -
Tom Lawrence Sales Executive
0428 626 117