SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Affordable Sydney Childcare Investment | 20 Year Net Lease

6 Pierce Close , Prairiewood NSW

Property Highlights

20 Year Net Lease to 2036
Long History Of 100% Occupancy
Within 3km* of 11 Primary Schools
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Description

Burgess Rawson is pleased to offer to market 6 Pierce Close, Prairiewood NSW for sale via our Investment Portfolio Auction 164.

The property has the following key investment highlights:

+ Long 20 year net lease to 2036
+ Two 10 year options to 2056
+ Annual 3% rent increases
+ Tenant pays all usual outgoings as per the lease
+ Established 40 place centre boasting a long history of 100% occupancy
+ Located within 3km* of 11 primary schools
+ Highly connected location 600m* from Stockland’s Wetherill Park Shopping Centre, Fairfield Hospital and Prairiewood High School
+ Fairfield: A young demographic, benefitting from current and future infrastructure development in the burgeoning western growth corridor
+ Land Tax free commercial investment (NSW only)
+ Child Care/Early Education is an essential service and one of Australia’s most sought-after asset classes; both the Federal and State Governments have allocated
unprecedented funding to support this sector. In 2022-2023, the Federal Government is projected to contribute $10.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^
+ Net Income: $135,286 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 24 October 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx
^Australian Government – Department of Education | Child Care Subsidy Reform

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
820 SQM
Building Area
196 SQM

Price

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