Burgess Rawson is pleased to offer Insight Early Learning Dubbo, situated at 36 Azure Avenue, corner of Freshwater Drive, Dubbo NSW. This impressive purpose-built childcare investment is ideally located in Dubbo's largest master-planned residential estate and will be available for purchase through our Investment Portfolio Auction 171.
The property has the following investment highlights:
+ 12 year net lease to 2033 plus options to 2048
+ Compounding fixed 3% annual rent reviews ensuring income growth
+ Insight Early Learning: Premium national childcare operator, with this centre boasting a high occupancy and waitlist
+ Impressive recently built 120-place facility offering significant tax benefits, including generous depreciation allowances and land tax exemption (1)
+ Strong rental upside potential currently approved for 108 LDC places, with scope to increase rental income by capturing up to 12 additional licensed places
+ Land-rich 3,211sqm* corner site surrounded by residential land releases, boasting impressive sales
+ High childcare demand location underpinned by 8 schools within a 5-minute drive
+ Prime position in the MAAS Group developed Southlakes Estate, Dubbo's largest master-planned residential community with over 2,600 lots
+ Close proximity to proposed 7,500sqm Southlakes Shopping Centre
+ Net Income: $325,851 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 across the country.^
To be sold by Investment Portfolio Auction
10:30 am AEDT Tuesday 17 September 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx
^ Australia Government Productivity Commission website
1. NSW Only