Stonebridge is pleased to present Little Lion Wahroonga (Sydney) for sale via Expressions of Interest closing Thursday 10 April at 3pm (AEST). The asset has the following key investment features: - Rare 20 year triple net lease to 2044, plus options to 2054, with market-leading annual increases to the greater of 3% or CPI - Little Lion – Proven & established operator boasting 20+ years experience, with strong performing network of 9 Sydney centres - Valuable 1,744 sqm* landholding, with brand new facility & basement car park completed in 2024, providing maximum depreciation benefits - High profile location directly opposite Knox Grammar with 34m street frontage to Pacific Highway (58,402+ vehicles daily) on Sydney’s affluent Upper North Shore - Nearby Sydney’s top-ranked schools; Barker College, Knox Grammar, Abbotsleigh, Pymble Ladies College, Normanhurst Boys High School, Loreto Normanhurst and more - Wahroonga – Blue ribbon Upper North Shore suburb 16km* to Sydney CBD, with $2.8M+ median house price and household income 74% above national average - Core location in family-centric catchment, with 11,584+ students in a 5 minute drive time - Attractive land tax free investment & highly passive, long term landbank on Sydney’s Upper North Shore - Outstanding lease security via Bank Guarantee equivalent to 6 month’s Rent + GST - Triple Net Lease – Tenant pays all Outgoings including Rates, Insurance and Structural Repairs & Maintenance - Net Income: $616,000 pa* + GST Little Lion Wahroonga (Sydney) is for sale via Expressions of Interest closing Thursday 10 April at 3pm (AEST). Please contact the exclusively appointed Stonebridge property professionals for more information. *Approximately Property Code: 1198
E-Mail-Anfrage an Stonebridge Property Group - Sydney
Immobilie ID: 504807504