20 Year Net Lease + Options | Newly Built Childcare
Description
CBRE is pleased to present to the market Hive Academy, located at 301/4 Charles Street, Charlestown (Newcastle) NSW, for sale via Expressions of Interest.
The property has the following key investment highlights:
+ Hive Academy: established operator with 30+ years’ management experience and a network of four centres across the Central Coast & Hunter region
+ Long 20 year lease to September 2045, plus four further 5 year options extending to 2065, with tenant responsible for all usual outgoings, as per lease
+ Compounding 3% annual increases, offering huge long-term rental growth equating to 70%* by the end of the initial lease
+ Landlord friendly net lease terms, tenant is responsible for all usual outgoings including council rates, water rates, strata levies and land tax (single holding basis) as per lease
+ Purpose-designed 90 LDC place childcare centre, with 20 valuable car spaces on-title
+ Newly constructed in 2025 providing the incoming purchaser with significant potential tax depreciation benefits
+ Strategically positioned in Charlestown’s well-established commercial, retail and medical precinct, in close proximity to Charlestown Square, anchored by Woolworths, ALDI, Big W, Apple, Coles, Kmart, McDonalds, KFC and Guzman y Gomez
+ Charlestown: premier commercial and retail hub strategically positioned in the Newcastle area, with population forecast to grow by more than 16% to 205,445 by 2046
+ Net Income: $347,625
Government-Underpinned Investment:
Childcare is an essential service asset class that enjoys bipartisan Federal and State Government support. The sector is underpinned by over $16 billion in Federal funding (FY25/26) to ensure that every child has access to at least 3 days per week of subsidised early education and care. The Government has also allocated a further $3.6 billion for educator wage increases – strengthening the tenant’s operational stability.
For Sale via Expressions of Interest
Closing 3pm AEDT Tuesday 24 November 2026
Please contact the exclusively appointed sales team for more information.
*Approx
Enquire
Contact agents
Darren Beehag Senior Director
0411 226 223
Michael Vanstone Director
0403 580 528
Ben Parsonage Junior Sales Associate
+61 455 331 841Enquiry Form
Charlestown, NSW
301/4 Charles Street
For Sale by Expression of Interest
This property is part of Portfolio 188
Price: Contact Agent
Contact agents
-
Darren Beehag Senior Director
0411 226 223 -
Michael Vanstone Director
0403 580 528 -
Ben Parsonage Junior Sales Associate
+61 455 331 841