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 forthcoming auction.
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 forthcoming auction
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx
^ Australian Government Productivity Commission website
