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66-76 Woodlands Drive
Glenmore Park NSW 2745
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Sold on 22 Jul 2024

66-76 Woodlands Drive Glenmore Park NSW 2745

  • Other
  • 3,742 m²
  • Sold

Part of Kids Academy Portfolio | High demand childcare location

  • 20-year lease + 5-year option
  • Tier 1 national childcare provider
  • 80 LDC places

Colliers is pleased to exclusively offer to market Kids Academy Glenmore Park, located at 66-76 Woodlands Drive, Glenmore Park NSW, for sale.

This opportunity has the following key investment highlights:

- Site Area: 3,742 sqm*
- 20-year lease to Affinity Education Group until 28 May 2035
- Five-year option to 2040
- Guaranteed annual rent increase of 3.75% or CPI
- Net income of over $440,000
- Outgoings paid by the tenant
- Well maintained centre licensed for 80 LDC places
- Affinity Education Group: experienced operator with over 225 early education and childcare centres across the country
- Strategically located within Penrith LGA, an area experiencing significant growth and projected to increase by 1,419 04-year-olds and 307 5-year-olds by 2029.
- Proximity to Bethany Catholic Primary School, Glenmore Park High School, Fernhill School, Coles Glenmore Park and major arterial roads.
- Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector.^

66-76 Woodlands Drive, Glenmore Park is part of the Kids Academy Portfolio campaign, offered for sale via an Expressions of Interest closing on Thursday, 2 May 2024 at 5pm (AEST).

Expressions of Interest can be made on individual properties, a combination of properties within the portfolio, or the entire portfolio in one line.

Please contact the exclusively appointed Colliers experts for more information.

Note: All figures are approximate, and financials are as at May 2024.
^Australian Government Department of Education

EXPRESSION OF INTEREST

Closing date and time02/05/2024 17:00
Recipient nameAsk Agent
Delivery addressvia email
Colliers International Sydney West
Colliers International Sydney West
Level 50, Tower 8, 10 Darcy Street
Parramatta, NSW 2150

Property Highlights

Date Sold22 Jul 2024
Floor Area3,742 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2019153513
Category
Last updated  1 Jul 2024
Map for 66-76 Woodlands Drive Glenmore Park NSW 2745
Colliers International Sydney West
Colliers International Sydney West
Level 50, Tower 8, 10 Darcy Street
Parramatta, NSW 2150

Property Highlights

Date Sold22 Jul 2024
Floor Area3,742 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2019153513
Category
Last updated  1 Jul 2024

Co-Agents

Jordan McConnell
Colliers International Sydney West
Call
+61 419 990 295
Matthew Meynell
Matthew Meynell
Colliers International Sydney West
Call
+61 413 988 878
Harry Bui
Colliers International Sydney West
Call
+61 418 477 888
Gracian Marando
Gracian Marando
Colliers International Sydney West
Call
0402 254 704

More about 66-76 Woodlands Drive Glenmore Park NSW 2745

66-76 Woodlands Drive Glenmore Park NSW 2745 is categorized as Other Property. It has a floor area of 3,742 m². The listing ID for this property is 2019153513.

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