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Young Academics, 186 Old Pitt Town Road
Box Hill NSW 2765
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Young Academics, 186 Old Pitt Town Road Box Hill NSW 2765

  • Medical / Consulting
  • 787 m²
  • For Sale, Contact the Stonebridge Team (under offer)

State-of-the-Art Childcare Asset New 15 Year Lease to 2038 & High Occupancy

  • Brand New Purpose Built Childcare
  • Rare Fixed Annual Increases up to 5%
  • Box Hill – Major Sydney Growth Corridor

Stonebridge is pleased to present Young Academics Box Hill (Sydney) for sale via Expressions of Interest closing Thursday 5 September at 3pm (AEST).

The asset has the following key investment features:

- Brand new 15 year net lease to 2038 plus options to 2058, with rare fixed 5% for first 4 years & fixed 3% thereafter

- Young Academics Established premium NSW childcare operator with expanding network of 43+ centres and estimated revenue of $100+ million

- High occupancy childcare facility trading at circa 100% occupancy, set on high profile 2,303 sqm* corner site licensed for 120 LDC places, with brand new improvements (built 2023) offering excellent depreciation benefits

- Ideal childcare location only 950m* from brand new primary school (open 2025), plus 17 schools within a 3km radius

- Convenient and accessible position with 93 metre* dual street frontage to key arterial Old Pitt Town Road and less then 2km* from Windsor Road (50,434+ vehicles daily), plus 38 secure basement car parks

- Box Hill Major contributor to North West priority growth area and set to receive 90,000+ homes, driven by Stockland, Landcom & Mirvac master planned developments, including new town centre, three shopping centres, new schools and key employment hubs

- Net lease Tenant responsible for all outgoings including management fees, rates and general repairs and maintenance, plus 3 month Bank Guarantee

- Attractive Land Tax free commercial investment

- Net Income $606,690 pa* + GST

*Approximately

Young Academics Box Hill (Sydney) is for sale via Expressions of Interest closing Thursday 5 September at 3pm (AEST).

Please contact the exclusively appointed Stonebridge property professionals for more information.

Property Code: 1024

Property Highlights

Floor Area787 m²
Land Area2,303 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019404867
Category
Last updated  16 Sep 2024
Map for Young Academics, 186 Old Pitt Town Road Box Hill NSW 2765

Nearest transport* to Young Academics, 186 Old Pitt Town Road Box Hill NSW 2765

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Property Highlights

Floor Area787 m²
Land Area2,303 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019404867
Category
Last updated  16 Sep 2024

Co-Agents

Tom Moreland
Stonebridge Property Group
Call
+61 408 072 822
Michael Collins
Stonebridge Property Group
Call
+61 404 023 204
Brett O'Neill
Brett O'Neill
Stonebridge Property Group
Call
+61 403 511 070

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