Rare 18 Year Lease to Dominant Childcare Operator | Proven Performer – 100% Occupancy

117 Piccadilly Street , Riverstone NSW

Property Highlights

18 Year Net Lease to 2039 + Options
Fixed 5% Annual Rent Increases
Net Income: $441,551 pa + GST
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Burgess Rawson is pleased to offer to the market Young Academics, 117 Piccadilly Street, Riverstone NSW for sale via Private Treaty.

The property has the following investment highlights:
+ 18 year net lease to 2039 plus two 10 year options to 2059
+ Young Academics ELC: highly experienced Sydney childcare operator with 36 centres in Greater Sydney
+ Net Lease – Tenant pays all outgoings including Land Tax, Management Fees, Repairs & Maintenance
+ Highly desirable fixed 5% annual rent increases to 2025 and fixed 3% annual increases thereafter
+ Most dominant childcare operator in Sydne’s West
+ Modern 90 place childcare facility
+ Significant 2,092sqm* corner Sydney landholding
+ Ideally positioned 3km* from 8 schools & 4,946 students
+ Strong performing centre with 100% occupancy plus waitlist
+ Blacktown: fastest growing population in Sydney and 2nd fastest growing suburb across Australia forecast to increase over 56% by 2041**
+ Net Income $441,551 pa* + GST

For Sale via Private Treaty.
Enquire with agents.

Please contact the exclusively appointed Burgess Rawson team for more information.

** Realestate.com

Property Details

Current Tenant
Occupancy Type
Land Size
2,092 SQM
Building Area
566 SQM


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