101 Fiddens Wharf Road Killara NSW 2071

Burgess Rawson is pleased to offer Kids Academy Killara for sale at 101 Fiddens Wharf Road, Killara, in Sydney's Upper North Shore. This premium childcare investment property will be available for purchase through our Investment Portfolio Auction 169.

The property has the following investment highlights:

+ Secure 15-year lease to 2035
+ Two ten-year options extending to 2055
+ Compounding fixed 3.5% annual rent reviews ensuring income growth
+ Kids Academy: Affinity Education Group is a highly experienced and established operator with over 225 centres nationally
+ Premium centre rated 'Exceeding'^ by the National Quality Standard assessment for childcare
+ Education-rich location, just 5 km* to Chatswood and 250m* from the nearest primary school, with 15 primary schools within a 3km* radius
+ Killara: a prestigious, affluent suburb with a median household income 35%^^ higher than the Greater Sydney average
+ Large 1,088sqm* landholding with excellent exposure from three street frontages
+ Modern purpose-built childcare facility offering generous depreciation benefits
+ Land tax-free commercial investment (NSW only)
+ Child Care/Early Education is an essential service and one of Australia's most sought-after asset classes, heavily supported by Federal and State government funding. 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.^^^
+ Net Income: $322,405 pa* + GST (as at Sep 2024)

To be sold by Investment Portfolio Auction
10:30 am AEDT Tuesday, 25 June 2024
Yallamundi Rooms, Sydney Opera House

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

*Approx
^ Australian Children's Education & Care Quality Authority (ACECQA)
^^ www.abs.gov.au
^^^ Australian Government Productivity Commission website