Busy Bees, 22 Tramore Place, Killarney Heights, NSW 2087

Burgess Rawson is pleased to offer to the market Busy Bees Killarney Heights located at 22 Tramore Place, Killarney Heights (Sydney) NSW for sale via Expressions of Interest.

This opportunity has the following key investment highlights:

+ Long 16 year net lease to 2034 plus 2 x 10 year options to 2054 to global operator
+ Busy Bees: one of the world's largest early education providers with 1,000+ centres and servicing 100,000 families globally
+ Strong net lease with the tenant paying 100% of outgoings including all rates, taxes, insurances and property management
+ Land tax free commercial investment
+ Attractive CPI + 1% annual rent reviews, offering strong long term rental growth
+ Significant future uplift with current rental significantly below market
+ 109 LDC place dual storey centre rated 'Exceeding', servicing an affluent local catchment
+ Exceptionally presented purpose built facility, offering depreciation benefits
+ High barrier to entry location with minimal competition
+ Ideally located next to Carlile Swimming School, Killarney Heights Public School, Killarney Heights High School and Killarney Heights Shopping Village
+ Strategic 1,308sqm* landholding with 45 metres* of dual street frontage to Tramore Place and Tralee Avenue
+ Killarney Heights: exclusive North Shore Sydney suburb with median household income 87% higher than the state average
+ Net Income: $401,833 pa* + GST

To be sold via Expressions of Interest

Please contact the exclusively appointed sales team for more information.