Rare 18 Year Lease to Dominant Childcare Operator | Sydney’s Fastest Growth Region
15 Harmony Avenue, Marsden Park NSW
Property Highlights
Description
Burgess Rawson is pleased to offer to the market, Young Academics, Marsden Park for sale via our Investment Portfolio 156.
The property has the following investment highlights:
+ Rare 18 year net lease to 2039 plus two x 10 year options to 2059
+ Young Academics ELC: highly experienced Sydney childcare operator with 32 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 Sydney’s North West
+ Modern Purpose-built 78 place childcare facility, offering significant depreciation benefits
+ Strong performing centre with 100% occupancy plus waitlist
+ Marsden Park: one of Sydney’s fastest growth suburbs forecast to grow 249% by 2041
+ Land Tax free commercial investment
+ Net Income: $382,677pa + GST
To be sold via Expressions of Interest closing Thursday the 3rd of November at 4pm AEDT.
Please contact the exclusively appointed Burgess Rawson team for more information.
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