158 Moverly Road Coogee NSW 2034

Burgess Rawson is pleased to offer Guardian Education & Childcare South Coogee for sale at 158 Moverly Road, Coogee in Sydney's prestigious eastern suburbs. This exceptional childcare investment will be available for purchase through our Investment Portfolio Auction 170.

The property has the following investment highlights:

+ Long 20-year net lease to 2039 plus a 10-year option extending to 2049
+ Guardian Childcare: top tier national operator, educates over 15,000 children daily in over 175 locations across Australia^
+ Compounding fixed 3.25% annual rent reviews ensuring income growth
+ Tenant pays 100% of outgoings including rates, insurances, management fees & land tax
+ Exceptional centre rated 'Exceeding'^ by the National Quality Standard assessment for childcare'^^
+ Proven performing centre with 100% occupancy
+ Densely populated area - 33 schools & 15,000+ students within 7 min drive catchment*
+ 100m* from South Coogee Public School
+ Coogee: a prestigious beachside suburb located in Sydney's Eastern Suburbs, boasting a median household income that is 68%** higher than the Greater Sydney average
+ 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: $330,902 pa* + GST

To be sold by Investment Portfolio Auction
10:30 am AEST Tuesday, 6 August 2024
Yallamundi Rooms, Sydney Opera House

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

*Approx
** Profile i.d
^ www.guardian.edu.au/
^^ Australian Children's Education & Care Quality Authority (ACECQA)
^^^ Australian Government Productivity Commission website