Stonebridge is pleased to present 'Young Academics Woodcroft (Sydney)' for sale via Expressions of Interest closing Thursday 4 July at 3pm (AEST).
The asset has the following key investment features:
- Brand new 18 year net lease to 2042, plus options to 2062, with rare combination of fixed 5% annual increases for first 4 years and 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 set across expansive 1,334 sqm* site licensed for 59 LDC places, with brand new refurbishments including outdoor playscape and internal renovations, providing excellent depreciation benefits
- High profile childcare position on key arterial Lakewood Drive (25,105+ vehicles daily), with 13 primary schools in a 3km radius
- Convenient position nearby M7 Motorway (179,000+ vehicles daily), with 10 on-site carparks accessed via circular driveway, plus generous on-street parking
- Surrounded by key retail and employment nodes including Coles-anchored Woodcroft Village shopping Centre, Westpoint Blacktown mall (QIC), Kings Park and Glendenning industrial precincts, plus proposed Plumpton Gardens sub-regional shopping centre
- Woodcroft (Sydney) Centrally located family suburb, with 222k* residents in 10 min drive and set to benefit from $2Bn* Blacktown CBD revitalisation (5km* away)
- Western Suburbs Sydney's geographic centre, hosting 3rd largest economy nationally and set to account for 66% of all Sydney population growth with over 3 million residents by 2041, plus brand new $11Bn* international airport and $25Bn* metro rail network
- Net lease Tenant responsible for all outgoings including management fees, rates and general repairs and maintenance, plus 3 months' Bank Guarantee
- Attractive Land Tax free commercial investment
- Net Income $281,207 pa* + GST
*Approximately
'Young Academics Woodcroft (Sydney)' is for sale via Expressions of Interest closing Thursday 4 July at 3pm (AEST).
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property Code: 986