Brand New Premium Grade Childcare Centre with a 15 Year Triple Net Lease in a Blue Ribbon Location

318 Mona Vale Road , St Ives NSW

Property Highlights

Established tenant for 20 years

Due completion Dec' 19 Off Plan sale

13 schools in 3km radius


15 year lease to 2034 + 2 x 10 year options to 2054
Stunning 95 place childcare centre with best practice sustainable design –aiming to be a zero/low emission building
High exposure main road position in Sydney’s wealthy North Shore
Large land area of 2,020 sqm with 1,037 sqm facility (to be constructed)
Valuable 3% annual rent increases (net income $842,477 in 2033)
Rare landlord friendly triple net lease

+ Established operator with 20 year track record
+ “Off Plan” sale, completion due December 2019
+ 13 schools within a 3 km radius
+ Net Income: $550,000 pa + GST

Offers have now Closed – Under Negotiation

Property Details

Current Tenant
Occupancy Type
Land Size
2,020 SQM
Gross Building Area
1,037 SQM

Contact Agents

Michael Gilbert

0430 024 790

Rhys Parker

0451 101 042

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