Brand New High-end Childcare In Sought After Residential Estate | Long 15 Year Net Lease to National Tenant

Burgess Rawson is pleased to offer Insight EL Dubbo – 67 Cove Circuit, Dubbo NSW, for sale via our Investment Portfolio Auction 168.

The property has the following investment highlights:

+ New 15 year net lease to 2039 plus options
+ Attractive compounding fixed 3.5% annual rent reviews ensuring income growth
+ High-end brand new purpose built 91 LDC place centre – offers maximum depreciation allowances
+ Land-rich 2,438sqm* prime corner opposite proposed 7,500sqm Shopping Centre and sold-out residential lots
+ High childcare demand location underpinned by 9 schools within a 8-minute drive
+ Prime position in Southlakes Estate, Dubbo’s largest master planned residential community with over 2,600 lots
+ 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, heavily supported by Federal and State government funding. In 2023-2024, the Federal Government contributed over $11.6 billion in funding for early childhood education 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 1.3 million families across the country.^
Net Income: $304,000 pa* + GST

To be sold by Investment Portfolio Auction
10:30 am AEDT Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House

Bidder registration required, register here: www.portfolioauctions.com.au

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

*Approx
^ Australia Government Productivity Commission website