Stonebridge National Investment Sales is pleased to present to the market ‘G8 Queanbeyan’ for sale via National Portfolio Auction on Wednesday 28 June 2023 at 11am.

The asset has the following key investment features:

• Secure 27 year net lease to 2034 + option to 2039 with favourable uncapped CPI annual rent increases
• G8 Education – Dominant ASX listed childcare operator across 448+ centres nationally, market cap $850m+*
• Prime childcare location 300m* from ‘Queanbeyan West Public School’ (500+ students enrolled*), 8 schools within 3 km* radius
• Well established, purpose built 92 place facility set across 2,570 sqm* landholding with 32 car parks
• Easily accessed and convenient childcare position adjacent to major arterial Canberra Ave, (23,488+ vehicles daily)
• Queanbeyan – Booming NSW location experiencing monumental growth, local population forecast to increase 30% and reach 85,084 residents by 2041 with 9,810 new dwellings expected
• Attractive location within close proximity to key commercial and retail activity, only 13km to Canberra CBD
• Strong connectivity situated only 1.6 km* to Queanbeyan Train Station and 8 km* to Canberra Airport
• Affluent catchment with personal income 44%* above national average and underpinned by security of public sector driven workforce
• Lease secured by Bank Guarantee equivalent to 6 months’ Rent & Outgoings + GST
• Net lease structure – tenant responsible for all outgoings including Management Fees, Insurance, and Repairs & Maintenance
• Estimated Net Income $176,628pa + GST*^ (as at August 2023)

‘G8 Queanbeyan’ is for sale via National Portfolio Auction on Wednesday 28 June 2023 at 11am.

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

*Approximately 

^ Assuming 6.7% CPI increase at August Rent Review