18 Hill Street, Toowoomba (M143)

+ New 15 year lease to 2035 + Imagine Childcare and Kindergarten: highly qualified national childcare provider with more than 14 centres across Australia + Favourable fixed, compounding 3% annual rent increases + Tenant pays usual outgoings (including management fees but excluding rates and land tax) + Premium childcare facility developed in 2020 ? substantial depreciation benefits with approximately 30% of the first year rent potentially income tax free + Licenced for 119 long day care places + Ideally located in a high exposure position opposite Grand Central Shopping Centre (recently undergone a $500 million redevelopment) ? anchored by Myer, Woolworths, Coles, Cinema, Big W, Target, Kmart plus over 200 fashion and specialty stores + Significant Toowoomba CBD landholding of approximately 2,450 sqm with 33 car parks on title plus convenient on street parking + Toowoomba: Australia?s second largest inland city with a population of 169,000 (ABS). The area is expected to grow to 200,000 by 2035. + Net Income: $357,201 pa + GST For Sale by Investment Portfolio Auction 10:30AM (AEDT) Wednesday 31 March 2021 This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.