Affinity Education, 1 Kerrs Road, Castle Hill, NSW 2154

Stonebridge is pleased to present 'Affinity Education Castle Hill (Sydney)' for sale via Expressions of Interest closing Thursday, 27 February at 3pm (AEDT).

The asset has the following key investment features:

   -  Long 25 year net lease to 2038, with fixed 4% annual increases, plus 6 month Bank Guarantee

   -  Affinity Education – One of Australia’s largest childcare operator boasting 225+ centres, 4,000+ staff members, 20,000+ children and estimated $650m market value

   -  Strong performing centre with longstanding 100% occupancy and significant waitlist

   -  Recent tenant-led refurbishment & enhancement of playscape, marking genuine commitment to the location

   -  Valuable 1,088 sqm* site, improved by state-of-the-art facility with basement car park, offering huge depreciation benefits

   -  Strategic and convenient location 1km to ‘Castle Hill Towers’ (18M+ annual visitors), one of Australia’s largest shopping centres, hosting Coles, Myer and Target, and set off major arterial Old Northern Road, servicing 30,234+ vehicles daily

   -  Ideal childcare position adjacent major school (1,295+ students), with further 15 schools in 3km radius and 352,000+ residents within a 15min drive time

   -  High-growth area with LGA population forecast to spike 85%* by 2046

   -  Castle Hill – Premier suburb within booming Hills catchment, hosting household income 61% above national average and $2.4m median house price

   -  Net lease - Tenant pays all usual outgoings including Management Fees, Rates and General Repairs & Maintenance

   -  Attractive land tax free commercial investment

   -  Net Income: $424,658 pa* + GST

*Approximately

'Affinity Education Castle Hill (Sydney)' is for sale via Expressions of Interest closing Thursday, 27 February at 3pm.

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

Property Code: 1152