Burgess Rawson is pleased to offer Caringbah Pre-Kindergarten for sale via our Investment Portfolio Auction 171. The property has the following investment highlights: + 5 year lease to December 2028 plus option extending to 2033 + Large 648 sqm freehold landholding improved with childcare and 3 bedroom house + Keyorris: experienced operator with centres in nearby Gymea, Miranda, Gymea Bay & Engadine + Sutherland Shire location near Train Station, Cronulla Beach & Westfield Miranda + Popular family area, 23 schools & 11,500+ students within 3km* + Attractive annual CPI rental reviews + Very economical net rent per child + Net Income: $114,101 pa* + GST Child Care/Early Education is an essential service and one of Australia's most sought-after asset classes, heavily supported by Federal and State government funding. In 2023-2024, the Federal Government contributed over $11.6 billion in funding for early childhood education, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in 2023. This reform aims to make early education and care more affordable for around 1.3 million families nationwide.^ To be sold by Investment Portfolio Auction 10:30 am AEST Tuesday, 24 September 2024 Yallamundi Rooms, Sydney Opera House Please contact the exclusively appointed Burgess Rawson team for more information. *Approx ^ Australian Government Productivity Commission website
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Immobilie ID: 504668408