Building N75
46 Don Young Road, Nathan, QLD, 4111, AU
3,700 sm
Description
JLL is pleased to exclusively present for sale 323 Churchill Road (corner Palmer Avenue) - an established child care centre with a long-term lease plus options until 2057 to an international operator with over 940+ locations across 10 countries.
323 Churchill Road, Kilburn, is For Sale by Expressions of Interest (EOI) closing Thursday 19 March at 4pm (ACST). To obtain further information or to arrange an inspection, please contact the exclusive JLL selling agents.
Mark Stafford
M: +61 404 401 053
RLA 094550L
Claudia Brace
M: +61 420 546 770
RLA 1842
...
Attributes
Building area gross
867 sm
Land area gross
2,374 sm
Total Annual Rent
₱18,180,166.19
Occupancy
100%
Call for offers
03/18/2026
Media
Investment highlights
- A modern single-level 100-place child care centre
- Current rent of $444,734 per annum*^ + GST & outgoings
- Long-term lease with an initial 20-year term, plus a further two 10-year options extending to April 2057
- Leased to international covenant, Busy Bees, operating 940+ centres across 10 countries, including over 220 locations in Australia & New Zealand
- Highly favourable in-built annual rent reviews of CPI + 1%
- Large corner landholding of 2,374sqm* with high exposure frontage to Churchill Road and 25 on-site car spaces
- Significant commercial investment savings with 0% stamp duty in South Australia
*Approx.
^As at May 2026
Contact brokers
323 Churchill Road, Kilburn, SA, 5084 (0 Properties)
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Feb 19, 2026
