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41 Pendlebury Road
Cardiff NSW 2285
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Sold on 15 May 2024

41 Pendlebury Road Cardiff NSW 2285

  • Medical / Consulting
  • 1 m²
  • Sold

Unparalleled Brand New Childcare Ideally Located Neighbouring McDonald's | Leased to National Tenant

    Burgess Rawson is pleased to offer Bluebird EEC Cardiff - 41 Pendlebury Road, Cardiff (Newcastle) NSW, for sale via our Investment Portfolio Auction 168.

    The property has the following investment highlights:

    + New 15 year net lease to 2039 plus three 10 year options to 2069
    + Tenant pays 100% of all usual outgoings, including rates, land tax, insurances and maintenance
    + Greater of 3% or CPI increases ensures income growth
    + Bluebird Early Education: premium experienced national operator with 20+ centres
    + State-of-the-art brand new 100 LDC place purpose built centre, completed in 2024 offering maximum depreciation benefits
    + Significant 3,275sqm* main road corner site
    + Ideal location - 16 schools in within 3km* of the property
    + Strategic position set amongst McDonald's, Woolworths, ALDI & core employment hubs
    + Cardiff: median house prices soaring 63.6%^^ over past 5 years
    + Land tax free commercial investment (NSW only)
    + 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.^
    + Net Income: $425,000 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30 am AEDT Wednesday 15 May 2024
    Yallamundi Rooms, Sydney Opera House

    Bidder registration required, register here: www.portfolioauctions.com.au

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *Approx
    ^ Australian Government Productivity Commission website
    ^^ Corelogic

    AUCTION

    Auction date and time15/05/2024 10:30
    Auction locationYallamundi Rooms, Sydney Opera House
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold15 May 2024
    Floor Area1 m²
    Land Area3,275 m²
    ParkingAsk Agent
    Property ID2019188812
    Category
    Last updated  17 May 2024
    Map for 41 Pendlebury Road Cardiff NSW 2285

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

    Property Highlights

    Date Sold15 May 2024
    Floor Area1 m²
    Land Area3,275 m²
    ParkingAsk Agent
    Property ID2019188812
    Category
    Last updated  17 May 2024

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188

    More about 41 Pendlebury Road Cardiff NSW 2285

    41 Pendlebury Road Cardiff NSW 2285 is categorized as Medical & Consulting Property. It has a floor area of 1 m² and a land area of 3,275 m². The listing ID for this property is 2019188812.

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