Burgess Rawson is pleased to present for sale this brand new Central Coast childcare investment, leased on a long 15-year net lease to 2039. Located at 96 Mataram Road, Woongarrah NSW, this exceptional opportunity is available for purchase via our upcoming Investment Portfolio Auction 172
Compelling Key Investment Highlights:
+ Brand new 15 year net lease to 2039
+ Two further 10 year options extending to 2059
+ Compounding fixed 3% annual rent reviews ensuring consistent income growth
+ Tenant pays 100% of all usual outgoings including rates, insurance and general repairs & maintenance
+ Brand new purpose-built 92 LDC place centre - offers maximum depreciation allowances
+ Substantial 3,939sqm* landholding in a thriving education hub: just 300m* from Woongarrah Public Primary School, with 9 schools within a 5-minute* drive
+ Experienced operator with a proven track record across 21+ centres
+ Land tax-free commercial investment (NSW only)
+ Prime location near key amenities:
- Lake Haven Shopping Centre
- Pacific Highway on-ramp
- Train Station - ideal for Sydney commuters
Net Income: $450,800 pa* + GST
Early Childhood Education: An Essential Service and Government-Supported Asset Class:
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.^^
Auction Details:
10:30 am AEDT Tuesday, 29 October 2024
Yallamundi Rooms, Sydney Opera House
Please get in touch with the exclusively appointed Burgess Rawson childcare sales team for more information.
*Approx
^^ Australian Government Productivity Commission website