56 Yarrawonga Street Ngunnawal ACT 2913

Burgess Rawson is pleased to present this exceptional investment opportunity for sale via our Investment Portfolio Auction 173, with a lease secured by experienced childcare group 'Edge Early Learning' in Ngunnawal.

Recently constructed in the Ngunnawal shopping precinct, this childcare centre features a well-designed layout for children and staff, with a brick structure, colourbond roofing, and exceptional Edge Early Learning signage. The facility consists of various rooms for nurseries, toddlers, preschoolers, and infants, all designed to create nurturing and engaging learning environments, along with operational areas for staff. Outside, children have access to a vibrant play area featuring artificial turf, sandpits, and equipment for creative and active play.

Established in Brisbane in 2017, Edge Early Learning has grown significantly, now operating 64 centres across Queensland, South Australia, and the Australian Capital Territory. This expansion has enabled Edge to provide quality childcare services to over 12,000 children and create jobs for more than 1,500 staff members across these three states. The organization's commitment to quality care and education has made it a valuable resource for families and a significant contributor to the early childhood education sector in Australia.

Ngunnawal is a family-friendly suburb in Canberra's northern Gungahlin district, named after the Ngunnawal people, and is known for its community-oriented facilities and proximity to essential amenities. With a population of around 11,000 and projected growth of 15% by 2041, it attracts young families, professionals, and retirees who appreciate its peaceful residential setting. The suburb features schools, childcare centers, parks, and walking trails, offering a desirable balance of urban convenience and green spaces.

Investment Highlights:
- 15 year net lease with options to 2057
- Recently constructed 115-place childcare facility
- Desirable annual rental increases of 3.5%
- Established National operator with over 66 centres and pipeline
- Tenant pays all outgoings, as per lease
- Close proximity to high quality primary and secondary schools
- Gungahlin is projected to grow by 15% by 2041

Net Income: $494,857.75 pa + GST

To be sold by Investment Portfolio Auction
10:30 am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House

For more information please contact Guy Randell on 0430 272 999 and Michael Vanstone on 0403 580 528