Rare 18 Year Lease to Dominant Childcare Operator | Sydney’s Fastest Growth Region

Description

CBRE is pleased to offer to the market, Young Academics, Marsden Park for sale via our Investment Portfolio 156.

The property has the following investment highlights:

+ Rare 18 year net lease to 2039 plus two x 10 year options to 2059
+ Young Academics ELC: highly experienced Sydney childcare operator with 32 centres in Greater Sydney
+ Net Lease – Tenant pays all outgoings including Land Tax, Management Fees, Repairs & Maintenance
+ Highly desirable fixed 5% annual rent increases to 2025 and fixed 3% annual increases thereafter
+ Most dominant childcare operator in Sydney’s North West
+ Modern Purpose-built 78 place childcare facility, offering significant depreciation benefits
+ Strong performing centre with 100% occupancy plus waitlist
+ Marsden Park: one of Sydney’s fastest growth suburbs forecast to grow 249% by 2041
+ Land Tax free commercial investment
+ Net Income: $382,677pa + GST

To be sold via Expressions of Interest closing Thursday the 3rd of November at 4pm AEDT.

Please contact the exclusively appointed CBRE team for more information.

Do you own a similar property?

Enquire

Contact agents
Yosh Mendis Senior Director
0434 413 188
Michael Vanstone Director
0403 580 528
Enquiry Form
Privacy(Required)

Marsden Park, NSW

15 Harmony Avenue

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 156

Contact agents
Enquire