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40 O'Hanlon Place
Nicholls ACT 2913
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Sold on 16 Dec 2023

40 O'Hanlon Place Nicholls ACT 2913

  • Medical / Consulting
  • 1 m²
  • Sold

Dominant Childcare Investment Leased On A Long 16 Year Net Lease To 2033 Plus Options

    Burgess Rawson & Civium Property Group are pleased to present 40 O'Hanlon Place, Nicholls ACT 2913 to the market for sale via Private Treaty.

    The property has the following investment highlights:

    + Long 16 year net lease to 2033 plus options to 2043
    + Compounding 3.5% annual rent increases, ensuring rental growth
    + Substantial depreciation benefits plus stamp duty claimable
    + Modern purpose-built childcare centre licensed for 130 places
    + High income area: median household income 32% higher than the ACT average
    + Prime 2,760sqm* site within Gold Creek Village, a service centre boasting McDonald's, KFC and AMPOL as adjoining tenants
    + Strategically located off Barton Highway, exposed to 21,600 vehicles passing daily and growing
    + Canberra's population is set to swell by almost 10,000 people in the upcoming financial year, with the ACT on track to become the fastest-growing state or territory by 2026/27^^
    + Child Care/Early Education is an essential service and one of Australia's most sought-after asset classes; both the Federal and State Governments have allocated
    unprecedented funding to support this sector. In 2022-2023, the Federal Government is projected to contribute $10.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^
    + Net Income $404,503* + GST

    For Sale via Private Treaty.

    Please contact the exclusively appointed sales team for more information.

    *Approx
    ^Australian Government - Department of Education | Child Care Subsidy Reform
    ^^Canberra City News

    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold16 Dec 2023
    Floor Area1 m²
    Land Area2,760 m²
    ParkingAsk Agent
    Property ID2018798196
    Category
    Last updated  15 Jan 2024
    Map for 40 O'Hanlon Place Nicholls ACT 2913
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold16 Dec 2023
    Floor Area1 m²
    Land Area2,760 m²
    ParkingAsk Agent
    Property ID2018798196
    Category
    Last updated  15 Jan 2024

    Co-Agents

    Darren Beehag
    Burgess Rawson Sydney
    Call
    0411 226 223
    Burgess Rawson Canberra
    Call
    0428 434 464

    More about 40 O'Hanlon Place Nicholls ACT 2913

    40 O'hanlon Place Nicholls ACT 2913 is categorized as Medical & Consulting Property. It has a floor area of 1 m² and a land area of 2,760 m². The listing ID for this property is 2018798196.

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