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Young Academics, 186 Old Pitt Town Road
Box Hill NSW 2765
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Sold on 6 Sep 2024

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

  • Medical / Consulting
  • 787 m²
  • Sold

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

Stonebridge Property Group
Stonebridge Property Group
Level 7, Martin Place
Sydney, NSW 2000

Property Highlights

Date Sold6 Sep 2024
Floor Area787 m²
Land Area2,303 m²
ParkingAsk Agent
Property ID2019404867
Category
Last updated  13 Dec 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

Bus
Train
Tram
Ferry
58 George St226 m
George St at Corvus Way230 m
182 Old Pitt Town Rd263 m
137 Old Pitt Town Rd284 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Stonebridge Property Group
Stonebridge Property Group
Level 7, Martin Place
Sydney, NSW 2000

Property Highlights

Date Sold6 Sep 2024
Floor Area787 m²
Land Area2,303 m²
ParkingAsk Agent
Property ID2019404867
Category
Last updated  13 Dec 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

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

Young Academics, 186 Old Pitt Town Road Box Hill NSW 2765 is categorized as Medical & Consulting Property. It has a floor area of 787 m² and a land area of 2,303 m². The listing ID for this property is 2019404867.

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