Stonebridge is pleased to present Giggle and Learn Lugarno (Sydney) for sale via National Portfolio Auction held Wednesday 9th April 2025 at 11am (AEST). The asset has the following key investment features: - Brand new 20 year net lease to 2044, plus options to 2064, with fixed 3% annual rent increases & 6 month Bank Guarantee - Giggle and Learn – Premium boutique operator with a rapidly expanding network of 5+ centres across metro Sydney and 100% portfolio occupancy - Irreplaceable 40 place facility newly built in 2020 on suspended slab, occupying large corner site and offering huge depreciation benefits - Ideal childcare position directly opposite Lugarno Public School in undersupplied catchment with 6.8 children per available place (2.56 Sydney average, plus a further 13 schools in a 3 km* radius) - Unique position as sole childcare provider in catchment boasting 100% occupancy with waitlist and strong connectivity across Greater Sydney with 230,000 + residents in 15 min drive - High barriers to entry for incoming operators, with strong underlying land value and only 10 new dwellings approved in 2024 - Lugarno – Family centric, waterfront Sydney suburb just 17 km* to CBD, with household income 50% above national average - Net lease – Tenant pays all usual Outgoings including Rates, Insurance and general Repairs & Maintenance - Attractive land tax free commercial investment - Net Income $282,298 pa* + GST Giggle and Learn Lugarno (Sydney) is for sale via National Portfolio Auction held Wednesday 9th April 2025 at 11am (AEST). Please contact the exclusively appointed Stonebridge property professionals for more information. *Approximately Property Code: 1208
Richiesta email a Stonebridge Property Group - Sydney
Immobiliare ID: 504811336