Stonebridge is pleased to present 'Affinity Education Castle Hill (Sydney)' for sale via immediate offers to purchase.
The asset has the following key investment features:
- Long 25 year net lease to 2038, with fixed 4% annual increases, plus 6 month Bank Guarantee
- Affinity Education One of Australia's largest childcare operator boasting 225+ centres, 4,000+ staff members, 20,000+ children and estimated $650m market value
- Strong performing centre with longstanding 100% occupancy and significant waitlist
- Recent tenant-led refurbishment & enhancement of playscape, marking genuine commitment to the location
- Valuable 1,088 sqm* site, improved by state-of-the-art facility with basement car park, offering huge depreciation benefits
- Strategic and convenient location 1km to 'Castle Hill Towers' (18M+ annual visitors), one of Australia's largest shopping centres, hosting Coles, Myer and Target, and set off major arterial Old Northern Road, servicing 30,234+ vehicles daily
- Ideal childcare position adjacent major school (1,295+ students), with further 15 schools in 3km radius and 352,000+ residents within a 15min drive time
- High-growth area with LGA population forecast to spike 85%* by 2046
- Castle Hill Premier suburb within booming Hills catchment, hosting household income 61% above national average and $2.4m median house price
- Net lease - Tenant pays all usual outgoings including Management Fees, Rates and General Repairs & Maintenance
- Attractive land tax free commercial investment
- Net Income: $424,658 pa* + GST
*Approximately
'Affinity Education Castle Hill (Sydney)' is for sale via immediate offers to purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property Code: 1152