Unique offering – Income Generating Leased Childcare Investment Plus A Development Ready Multi-Unit Residential Site

Burgess Rawson & CBRE are pleased to offer 90 Corkery Crescent, Taylor (Canberra) ACT, to the market for sale via Expressions of Interest.

The opportunity will include a childcare investment with adjoining vacant land DA approved for 32 residential apartments to be sold in one.
Childcare Investment:

+ Long 20 year net lease to 2043
+ 10 + 10 year options extending to 2063
+ Minimum 4%pa increases
+ Brand new state-of-the-art two level 110 place childcare facility
+ Established operator with 15+ centres across NSW & ACT
+ Appealing childcare demographics: vibrant young population, with 50% more 0-5 year olds than ACT state average
+ Prime location 450m* from Margaret Hendry Super School – growing to 1,400 students by 2024
+ Land Area : 2,387 sqm*
+ Substantial depreciation benefits plus stamp duty claimable
+ Net Income $462,000* + GST
Residential Development Site:
+ Rare DA approved site – approved for 32 units, including 6 affordable
+ Last new land release up until at least 2028
+ Land Area – 2,118 sqm*
+ Net Saleable Area : 2,500 sqm*
Summary Of Offering:
+ Strategic 4,505 sqm* development site (Vacant land + Childcare)
+ Zoning – RZ4 zoned block
+ Opposite a significant 70,000+sqm* future group centre development precinct
+ Canberra’s population is set to swell by almost 10,000 people in the upcoming financial year, with the ACT on track to become the fastest-growing state or territory by 2026/27.
+ Super prime location adjoining a nature reserve and overlooking a small lake offering a desirable vista
+ Strategically located close to young family demographic, and on the main aerial road – Horse Park Drive
+ Unique offering consisting of an income generating childcare asset and a development ready multi-unit site

To be sold in one line by Expressions of Interest closing 4pm AEST Tuesday 8 August 2023

Please contact your exclusively appointed agents from Burgess Rawson & CBRE for more information.
*Approx