25 Alexander Street Eglinton NSW 2795

Burgess Rawson is pleased to offer a newly renovated childcare investment leased to experienced childcare operator, Little Kindy located near Bathurst at Eglinton, NSW for sale via Investment Portfolio Auction 172.

The property has the following investment highlights:

+ New 15 year net lease to 2039 plus options to 2059
+ Little Kindy: experienced operator with 17 locations
+ Strong trading, 100% occupancy (29 LDC places), refurbished in 2024
+ Eglinton: suburb of Bathurst, with population forecast to grow to 325,000 by 2041
+ Undersupplied area with a favourable childcare ratio of 4.11 / childcare licenced place
+ Ideally located next to cafe and local primary school - circa 448 students
+ Strategic position close proximity to two major residential subdivisions
+ Land tax free investment (NSW only)
+ Tenant pays 100% of usual outgoings, as per the lease
+ Attractive fixed 3.5% rent increases
+ Net Income: $110,200 pa* + GST

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.^

For Sale via Investment Portfolio Auction
10:30 am AEDT Tuesday 29 October 2024
Yallamundi Rooms, Sydney Opera House

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

*Approx
^ Australian Government Productivity Commission website