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 property will be available for purchase through our Investment Portfolio Auction 171.
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.^^
To be sold by Investment Portfolio Auction
10:30 am AEST Tuesday, 17 September 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx
^ ABS Data
^^Australian Government Productivity Commission website
