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High Occupancy Childcare Investment | Leased to Australia’s Largest Provider

2 Binni Creek Rd , Cowra NSW

Property Highlights

National provider with 664 centres
Greater of CPI or 1.5% pa rent incrs
Long Establish centre since 2000

Description

+10 year net Lease to Goodstart Early Learning to 2030.
+One ten further year option to 2040.
+Goodstart Early Learning: Australia’s largest early education provider with 664 centres nationally.
+Tenant pays all outgoings.
+Annual rent increases to the greater of CPI or 1.5%.
+Well-maintained centre, licensed for 90 LDC places.
+Long established centre with high occupancy.
+Land Tax exempt commercial investment.
+Substantial 3,638 sqm site with dual-street-frontage, positioned within an established residential precinct.
+Ideally positioned opposite Holman Place Public School and within close proximity to three other schools, and Cowra’s town centre including Coles, Woolworths, ALDI and Bunnings.
+Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year*.
+Net Income: $168,652 + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Tuesday 10 May 2022
Sydney Opera House

*Mitchell Institute, Australian Investment in Education: Early Learning.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
3,638 SQM
Building Area
1 SQM

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