Burgess Rawson is pleased to present 25 Forest Parkway, Lake Cathie NSW for sale via our Investment Portfolio Auction 158.

The property has the following investment highlights:

+ Brand new 10 year lease from November 2022 to 2032 + options to 2047
+ Oz Education: Established brand for over 40 years with 15+ centres throughout NSW
+ Impressive 90 place centre positioned on a commanding 4,000 sqm landholding
+ Inviting external play areas including weather station and market village
+ Huge residential development precinct with significant projects planned & underway nearby
+ Thriving coastal area growing at 3 times faster than State average
+ Easily managed single tenant investment, management fees are not recoverable, as per the lease
+ Fixed 3% increases with market review every 5 years and the greater of 3% or CPI reviews thereafter
+ Tenant pays outgoings, excluding land tax which is currently exempt for childcare properties in NSW, as per the lease
+ Bank guarantee: three (3) month’s rent + plus outgoings and GST
+ Net Income $240,000 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21 February 2023
Yallamundi Rooms, Sydney Opera House

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

*approx.