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38-40 Lumsdaine Street
Picton NSW 2571
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38-40 Lumsdaine Street Picton NSW 2571

  • Shop & Retail
  • 444 m²
  • For Sale, EXPRESSIONS OF INTEREST

BRAND NEW CHILDCARE - OPPOSITE PRIMARY SCHOOL

    Ray White Commercial (RWC) and Stonebridge Property Group are pleased to present to market 'Leaping Learners Picton (Sydney),' a brand new, state-of-the-art childcare facility. This asset, set across a substantial 2,782 sqm* corner site directly opposite a major primary school is offered for sale by Expressions of Interest closing Thursday, 17 October at 3pm (AEDT).

    The asset is underpinned by a brand new 10 year net lease to 2034, with options to 2054 and leased to Leaping Learners, an award winning operator with a 15+ year track record and a rapidly expanding network of 6+ centres.

    The investment delivers income growth with favourable annual increases, a net lease structure and excellent depreciation benefits. Positioned in the Macarthur region of south-west Sydney, Picton occupies a key growth corridor, with significant private and public capital inflows set to benefit from the strong population growth projections.

    Highlights of the asset include:

    • Large 2,782 sqm* corner site directly opposite primary school
    • Brand new facility, yielding huge depreciation benefits
    • Net Income $319,500 pa* + GST
    • 10 year lease to 2034 + options to 2054 with market leading increases
    • Tenanted by Leaping Learners - award winning multi-site operator with 15+ year track record and growing network of 6+ centres
    • Located directly opposite Picton Public School (315+ students)
    • Situated less than 1km* to Town Centre, Coles Anchored Shopping Centre, Picton Train Station and other amenities

    'Leaping Learners Picton (Sydney)' is offered for sale via Expressions of Interest closing on Thursday 17 October at 3pm (AEDT).

    For further information including a copy of the information memorandum, please contact the selling team.

    Property Highlights

    Floor Area444 m²
    Land Area2,782 m²
    Parking20 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019501699
    Category
    Last updated  18 Sep 2024
    Map for 38-40 Lumsdaine Street Picton NSW 2571

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    Property Highlights

    Floor Area444 m²
    Land Area2,782 m²
    Parking20 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019501699
    Category
    Last updated  18 Sep 2024

    Co-Agents

    Samuel Hadgelias
    Samuel Hadgelias
    RWC (SC)
    Call
    0403 254 675
    Tom Moreland
    Stonebridge Property Group
    Call
    +61 408 072 822
    Michael Collins
    Stonebridge Property Group
    Call
    +61 404 023 204
    Peter Vines
    RWC Western Sydney
    Call
    0449 857 100
    Jai Sethi
    RWC Western Sydney
    Call
    0433 393 128

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