Burgess Rawson is pleased to offer to the market Thrive Early Learning Blakehurst, located at 2B James Street, Blakehurst (Sydney) NSW, for sale via our National Investment Portfolio Auction 176.
Key Investment Highlights:
+ Long-Term Lease Stability: 10-year net lease to 2030, plus two further 10-year options, extending to 2050
+ Attractive Rental Increases: Greater of 3% or CPI annual rent increases, ensuring income growth
+ Established Operator: Thrive Early Learning is a premium and growing childcare provider with over 15 locations, catering to the affluent, professional local demographic
+ 81 place LDC centre rated 'Exceeding' by the National Quality Standard (NQS) for childcare benchmark standards
+ Strategic Gateway Location: prominently positioned with significant highway exposure to over 62,000^ vehicles passing daily, providing enhanced exposure and accessibility
+ Strategically located within a 5-minute drive of 17 schools, including Blakehurst Public School and Bald Face Public School, with combined enrolments of approximately 7,800 school-aged children
+ Tenant pays 100% of all usual outgoings, including rates, insurance and general repairs & maintenance, as per the lease
+ Land tax-free investment (NSW childcare centres only)
+ Net Income: $359,579 pa* + GST
Early Childhood Education: An Essential Service Asset Class with Bipartisan Government Support:
In 2025-2026, the Federal Government has committed over $16 billion in funding for early childhood education through the Child Care Subsidy. This investment aims to ensure that every child has access to at least three days per week of subsidised early education and care, benefiting around 100,000 families by providing them with eligibility for additional hours of subsidised care^^
To be sold by Investment Portfolio Auction
10:30 am AEST Tuesday 13 May 2025
Yallamundi Rooms, Sydney Opera House
*Approx
^ Gapmaps
^^ Australia Government Productivity Commission website
