Stonebridge is pleased to present Giggle and Learn Lugarno (Sydney) for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Brand new 20 year net lease to 2044, plus options to 2064, with fixed 3% annual rent increases & 6 month Bank Guarantee
- Giggle and Learn Premium boutique operator with a rapidly expanding network of 5+ centres across metro Sydney and 100% portfolio occupancy
- Irreplaceable 40 place facility newly built in 2020 on suspended slab, occupying large corner site and offering huge depreciation benefits
- Ideal childcare position directly opposite Lugarno Public School in undersupplied catchment with 6.8 children per available place (2.56 Sydney average, plus a further 13 schools in a 3 km* radius)
- Unique position as sole childcare provider in catchment boasting 100% occupancy with waitlist and strong connectivity across Greater Sydney with 230,000 + residents in 15 min drive
- High barriers to entry for incoming operators, with strong underlying land value and only 10 new dwellings approved in 2024
- Lugarno Family centric, waterfront Sydney suburb just 17 km* to CBD, with household income 50% above national average
- Net lease Tenant pays all usual Outgoings including Rates, Insurance and general Repairs & Maintenance
- Attractive land tax free commercial investment
- Net Income $282,298 pa* + GST
Giggle and Learn Lugarno (Sydney) is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 1208