RE/MAX Next International is pleased to offer to the market, 17 Approach Road, Banyo QLD 4014 for sale via Expressions of Interest Campaign.

• 10 Year Net Lease + Options to 2046
• Fixed 3% annual rent increases
• Substantial 2,046 sqm site

This opportunity has the following key investment highlights:

+ Brand new 10 year net lease to G8 Education from 2021 to 2031
+ Three further 5 year options to 2046
+ G8 Education (ASX:GEM): Australia's largest ASX-listed childcare provider, with 470+ centres across Australia and Singapore, educating more than 58,000 children every day
+ Attractive 3% annual rent increases
+ Tenant pays all outgoings, including land tax
+ Well-maintained child care facility with service approval for 75 LDC places + Substantial 2,096 sqm landholding, only 12 kilometres from the Brisbane CBD
+ Strategic position opposite the Australian Catholic University, 250m from Earnshaw College (P-12) and 750m from the Woolworths-anchored Banyo Shopping Centre Banyo and train station.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^^^
+ Brisbane City: the third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050
+ Net Income: $207,618 pa* + GST

For Sale via Expressions of Interest, by Monday 1 July 2024
Please contact the exclusively appointed RE/MAX Next International team for more information.

*Approx
^^^ Australian Government Department of Education