 Asset Class: | Other |
 Price: | $ 4500000 |
 Net Yield: | 7.58 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
<span style="color:rgb(0, 0, 0);">Offered is a secure, fully net-leased childcare investment underpinned by a new 15-year lease to 2039 with options to 2059. The tenant, a highly regarded childcare operator with over 30 years of industry experience, has expanded capacity from 74 to 91 places, reinforcing their long-term commitment. The landlord-favoured lease includes 3% annual increases, with the tenant covering all outgoings, including land tax, insurance, and management fees (capped at $10K, increasing annually by 3%). This low-maintenance, high-yield asset generates a net income of $341,500* pa.</span><br><br><span style="color:rgb(0, 0, 0);">Strategically positioned along Haly Street, a key arterial road linking the D’Aguilar and Bunya Highways, the 486m2* centre sits on a 4,047m2* block** with ample parking and 8,500+ vehicles passing daily. Located within a prime schooling catchment, four schools lie within 4km, including Kingaroy State School and St John’s Lutheran, driving consistent demand for early education. The property is just 600m from national retailers such as Woolworths, McDonald's, Big W, and Repco, further strengthening its accessibility and community integration.</span><br><br><span style="color:rgb(0, 0, 0);">Kingaroy is a growing commercial hub within the South Burnett Region, servicing a trade catchment of 32,555 people. With strong demand for early learning services and a stable economic foundation, this investment is fortified by the resilient childcare sector and is set to deliver reliable long-term returns.</span>
How old is the asset?
Vendor's reason for selling?
Days property been on market?
Is this property strata titled?
Are the seller and tenant related parties?
How long has the current tenant been on site?
How long has the tenant been in business?
Is this property in a flood zone?
Is this lease a leaseback arrangement?
<span style="color:rgb(0, 0, 0);">Kingaroy, the largest town in the South Burnett Region, is located 155 km from Brisbane and has a population of </span><span style="color:rgb(0, 0, 0);"><b>10,958</b></span><span style="color:rgb(0, 0, 0);"> with a median age of 38, making it a prime location for young families. With 55.5% of households having children, demand for early childhood education remains strong. Known as the "Peanut Capital of Queensland", Kingaroy has a robust agricultural base, including peanuts, grains, dairy, and beef, while also emerging as a boutique wine region. The town features a thriving food scene, cultural attractions, and five schools serving 2,700+ students.</span><br><br><span style="color:rgb(0, 0, 0);">The South Burnett Region encompasses Kingaroy, Nanango, Murgon, and Wondai and has a GRP of $2.11 billion, supporting 13,528 jobs across 3,345 businesses, with healthcare and social assistance as the largest employment sector. Major infrastructure projects, such as the New Bundaberg Hospital, Bruce Highway Upgrade, and Bundaberg Aviation and Aerospace Precinct, are set to enhance connectivity, healthcare access, and economic expansion. With a forecasted 11.9% population growth by 2041, expanding residential developments, 95.2% workforce participation, and strong family infrastructure, Kingaroy and the broader South Burnett Region present a compelling opportunity for childcare investment as demand for early learning services continues to rise.</span><br><br><b>Childcare Centre Investments</b><br><span style="color:rgb(0, 0, 0);">Childcare/Early Education investments are a defensive option, less affected by economic cycles and not replaceable by internet outsourcing. On 10 July 2023, the Federal Government will increase the Childcare Subsidy (CCS) for low-income families and raise the maximum income threshold for CCS claims, enhancing affordability for about 96% of families. The government is projected to contribute $10.7 billion in funding, plus $4.7 billion for more affordable childcare.</span>
Additional Location Information File<span style="color:rgb(0, 0, 0);">Kingaroy Child Care Centre is a thriving, family-owned childcare provider with 30+ years of experience and a growing network of 21 centres. Established in 2010 by Sam and Pauline Feng, it has become a valued part of the community, offering a nurturing environment for children's learning and development. The centre provides personalised care across various age groups, maintaining strong staff-to-child ratios. Operating Monday to Friday, 6am to 6pm, it offers long day care with nutritious snacks, while families provide lunch. Kingaroy Child Care Centre embraces play-based learning, cultural diversity, and sustainability, incorporating eco-friendly practices into daily activities. With an open-door policy, it fosters strong parent engagement and community ties. </span><a style="color:rgb(220, 161, 13);display:inline;" target="_blank" href="https://www.kingaroychildcare.com.au/"><u>https://www.kingaroychildcare.com.au/</u></a><span></span>
Initial Term:
Security:
Security Info:
Please note: The net income just increased to $341,500* pa as the centre have increased their places to 91. BA and DA is approved, works underway as we speak.
Additional Financial Information FileInitial Term:
Security:
Security Info:
Not applicable for childcare.
Offer To Purchase:
$
Initial Deposit:
$
Due Diligence:
days
Finance:
days
Settlement:
days
<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Established, successful centre in operation since 2010</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);font-style:normal;"><p style="display:inline;"><span style="font-weight:normal;font-style:normal;color:rgb(51, 51, 51);">Blue-chip triple net Childcare investment operating at 100% occ rate and just increased to 91 places</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Land: 4,047m2*</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">NLA: 486m2*</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Net Income: $341,500* pa</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Landlord-favoured net lease covenant</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Solid 15-year lease to 2039, options to 2059</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Compounding 3% fixed increases</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Tenant pays outgoings, inc. land tax, management & insurance</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Management fees capped at $10k, increasing annually by 3%</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Located in a prime schooling catchment with 4 schools within a 4km radius</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Kingaroy: robust commercial hub, 155km* from Brisbane with 32,555* trade catchment</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Located along Haly Street, linking to D’Aguilar Highway with the Bunya Highway</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Only 750m* from national retailers; Aus Post, Woolworths, McDonald’s, Hungry Jack's Big W, </span><span style="color:rgb(64, 64, 64);font-weight:normal;font-style:normal;">Supercheap and Coles-anchored Kingaroy Shopping Centre</span></p></li></ul>
