Blue Ribbon North Shore – New 15 Year Net Lease to National Tenant

51/28 Barcoo Street , Roseville NSW

Property Highlights

Large 1,674sqm* area
Prestigious North Shore Investment
20 Schools Within 3km* Radius

Description

Burgess Rawson is pleased to offer Bluebird Early Education Centres, Roseville NSW to the market for sale via our Investment Portfolio 167.

The property has the following investment highlights:

+ 15 year net lease to 2039 plus two 10 year options to 2059
+ Prestigious Roseville home to affluent demographic – 2km to Chatswood & 9km to Sydney CBD
+ Oxanda Education an experienced national childcare operator with 20+ centres open or opening by 2025^
+ High accessible location moments from Boundary St, which connects to the busy Pacific Highway
+ Large 1,674sqm* area in the heart of one of North Shore’s main commercial districts
+ Strategically located 100 LDC place centre, with 20 schools within 3km* radius
+ Tenant pays all usual outgoings as per lease
+ Attractive greater of CPI or 3% annual rent increases
+ Land tax free commercial investment (NSW only)
+ Child Care/Early Education is a essential service and is one of Australia’s most sought after asset classes, heavily supported by Federal and State government funding. In 2022-2023, the Federal Government contributed over $10.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in 2023. This reform aims to make early education and care more affordable for around 1.2 million families.^
+ Net Income: $500,000 pa* + GST

For Sale by Expressions of Interest
Closing 3pm AEDT Thursday 11 April 2024

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

*Approx
^ Oxanda Education – 20+ centres nationally

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
1 SQM
Building Area
1,674 SQM

Price

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