Kids at West End, 18 Mitchell Street, West End, Qld 4101

CBRE are pleased to present to the market Kids at West End, located at 18 Mitchell Street, West End QLD 4101, for sale via Private Treaty.
      
The opportunity has the following investment highlights:
 
+ Brand new (15) year triple net lease to 2041, plus two (2) further ten (10) year options to 2061
+ Kids at West End: locally operated early education provider licensed for 60 LDC places. The asset has a strong trade history in the area, underpinned by an ‘Exceeding’ NQS Rating (1)
+ Compounding income growth via fixed 3.50% annual rental increases
+ Triple net lease structure with tenant responsible for 100% of all usual outgoings, including land tax, insurance, and structural repairs and maintenance 
+ Opportunity to purchase below replacement cost, underpinned by a tightly held residential catchment and a land value (UCV) of $2.1 million (2)
+ Proven 60 LDC place childcare location with 20+ years of continuous operation on site
+ Rare 831sqm* inner-city landholding, 650m* from West End State School (1500 enrolments), 1km* from Brisbane State High School (3500 enrolments), and 1.2km* from Sommerville House (1300 enrolments) and St Laurence's College (2000 enrolments) (3)
+ Under-supplied childcare location, with a ratio of 2.5 children (0 - 5 years old) per 1 LDC Place (3)
+ Prized education precinct boasting 25* schools and 20,000+ students within a 3km radius (3)
+ Strategically located 1km* from West Village, anchored by Woolworths and Harris Farms, and within 2km* of various national retailers including McDonald's, KFC, ALDI, Coles, and Subway (3)
+ Lease supported by a personal guarantee and 3-month bank guarantee, providing additional security and enhanced income protection for investors
+ West End: booming high-growth LGA, 3km* from the Brisbane CBD, with population forecast to surge 58% to 28,500+ people by 2041 (4)
+ Childcare/Early Education is an essential service asset class with both the Federal and State Governments allocating over $16 billion in funding for FY25, including $3.6 billion to support wages and $1 billion to expand access in underserved areas (2)
+ 3-day guarantee for childcare introduced 5th January 2026, expected to boost overall affordability and accessibility for childcare throughout Australia
+ Net Income: $225,000 pa* + GST ($3,750/Place*)
 
For Sale via Private Treaty
 
Please contact the exclusively appointed sales team for more information.        
 
*Approx
 
(1) ACECQA
(2) QLD Government
(3) GapMaps
(4) Australian Bureau of Statistics