1-3 Scenic Circle Budgewoi NSW 2262

Burgess Rawson is pleased to present for sale this exceptional Central Coast childcare centre located at 1-3 Scenic Circle, Budgewoi, NSW. It features a recently renewed 10-year lease to Affinity Education, a significant national operator. This property is available for purchase via our upcoming Investment Portfolio Auction 172.

Compelling Key Investment Highlights:

+ Recently renewed 10 year net lease to 2032
+ Two further 10 year options extending to 2052
+ Compounding fixed 3.5% annual rent reviews ensuring consistent income growth
+ Tenant pays 100% of all usual outgoings including rates, insurance, general repairs & maintenance and management fees
+ Milestones ELC: Affinity Education Group is a highly experienced and established operator with over 225 centres nationally
+ Dominant 46 place purpose-built childcare centre with 100% occupancy and long waiting list
+ Commanding 1,820sqm* freehold corner landholding
+ Thriving childcare operation within a catchment having an above average proportion of 0-4 year olds, in a high-demand, undersupplied childcare area
+ Tax benefits: Land tax-free commercial investment (NSW only)

Net Income: $151,683 pa* + GST

Early Childhood Education: An Essential Service and Government-Supported Asset Class:
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 nationwide.^^

Auction Details:
10:30 am AEDT Tuesday, 29 October 2024
Yallamundi Rooms, Sydney Opera House

To learn more about this outstanding childcare investment opportunity, please contact the exclusively appointed Burgess Rawson childcare sales team today.

*Approx
^^ Australian Government Productivity Commission website