CBRE, as the exclusive selling agent, are pleased to present 44 Emerald Hills Boulevard, Leppington. Boasting three street frontages, this site represents a prime childcare investment opportunity in a brand new residential estate of approximately 5,000+ homes. The property is situated on a generous landholding of 2,567sqm* and benefits from its additional street frontages to Sunstone Way and Carnelian Street with 34 on-grade car parking spaces.
44 Emerald Hills Boulevard enjoys its long term lease to Scribbles and Giggles lasting until June 2031, with 120 places totalling a net income of $432,847* per annum. The triple-net lease has a desirable 10+10 year option and 3% annual rent increases, highlighting the outstanding investment opportunity.
44 Emerald Hills Boulevard, Leppington benefits from the following key features:
- New 10+10 year triple net lease with 3% fixed annual rental increases
- Net income of $432,847* per annum
- Total of 120 places
- 100% of outgoings payable by tenant
- Substantial land holding of 2,567sqm*
- Desirable R2 Low Density Residential zoning
- On-grade parking for 34 cars
44 Emerald Hills Boulevard, Leppington will be sold via Public Auction on 12th April 2022 at 10.30am at AuctionWORKS (online bidding available).
Private inspection appointments will be undertaken.
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
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