Stonebridge is pleased to present Little Lion Wahroonga (Sydney) for sale via Expressions of Interest closing Thursday 10 April at 3pm (AEST).
The asset has the following key investment features:
- Rare 20 year triple net lease to 2044, plus options to 2054, with market-leading annual increases to the greater of 3% or CPI
- Little Lion Proven & established operator boasting 20+ years experience, with strong performing network of 9 Sydney centres
- Valuable 1,744sqm* landholding, with brand new facility & basement car park completed in 2024, providing maximum depreciation benefits
- High profile location directly opposite Knox Grammar with 34m street frontage to Pacific Highway (58,402+ vehicles daily) on Sydney's affluent Upper North Shore
- Nearby Sydney's top ranked schools; Barker College, Knox Grammar, Abbotsleigh, Plymale Ladies College, Normanhurst Boys High School, Loreto Normanhurst and more
- Wahroonga Blue ribbon Upper North Shore suburb 16km* to Sydney CBD, with $2.8M+ median house price and household income 74% above national average
- Core location in family-centric catchment, with 11,584+ students in a 5 minute drive time
- Attractive land tax free investment & highly passive, long term landbank on Sydney's Upper North Shore
- Outstanding lease security via Bank Guarantee equivalent to 6 month's Rent + GST
- Triple Net Lease Tenant pays all Outgoings including Rates, Insurance and Structural Repairs & Maintenance
- Net Income: $616,000 pa* + GST
Little Lion Wahroonga (Sydney) is for sale via Expressions of Interest closing Thursday 10 April at 3pm (AEST).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 1198