Burgess Rawson is pleased to offer Little Leo's ELC Killara for sale at 5 Manning Road, Killara, in Sydney's prestigious Upper North Shore. This premium childcare investment is available for purchase via Expressions of Interest.
The property has the following investment highlights:
+ Long 12-year net lease to 2033
+ Three further 10-year options extending to 2063
+ Compounding fixed 3% annual rent reviews ensuring consistent income growth
+ Tenant pays 100% of all usual outgoings including rates, insurance and general repairs & maintenance
+ Land tax-free commercial investment (NSW only)
+ Large high-valued 2,015 sqm land bank holding in prime Sydney North Shore location
+ High occupancy in a catchment with significant barriers to entry
+ Little Leo's ELC: is a premium boutique operator, bringing over 15 years of childcare operational excellence gained through management experience at leading childcare services, Little Zaks Academy and Kids Cove Early Learning Centre
+ Modern, purpose-built 96 place LDC childcare facility of exceptional quality, providing significant depreciation benefits
+ Ideal childcare location - 300m* from Beaumont Rd Public Primary School with 18 schools in a 3km* radius
+ Central to Macquarie Business Park, 5km from Chatswood, and close to Killara and Lindfield train stations
+ Killara: affluent family dominant suburb undergoing massive growth, with median household income 60%^ above national average
+ Net Income: $629,410 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 nationwide.^^
For Sale via Expressions of Interest
Closing 4:00pm AEST Thursday 26 September 2024
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx
^ ABS Data
^^Australian Government Productivity Commission website
