Little Miracles 23-25 Michaela Road, Terrigal, NSW 2260

Stonebridge is pleased to present to the market Little Miracles Terrigal for sale via National Portfolio Auction to be held on Wednesday 6 March at 11am (AEDT)

The asset has the following key investment features:

   -  Secure 15 year net lease to 2034 + options to 2054 with fixed 2.5% annual rent increases

   -  Little Miracles – Established multi-site operator, with decorated 20+ year track record and 5 facilities across the Central Coast

   -  Well-configured 1,584 sqm* site, improved by premium 60 place childcare facility set across multiple buildings, plus state-of-the-art playscape

   -  Ideal childcare location 1 km* from the largest primary school in the catchment, ‘Our Lady Star of the Sea’ (538+ students), with 5 further schools in a 3 km* radius

   -  Exceptional access with 53 metres of street frontage, set off key arterial Terrigal Drive and offering 13 car parks, plus convenient dual crossover driveways

   -  Terrigal – Popular Central Coast suburb 90 minutes from Sydney, median house price of $1.5 million

   -  Central Coast – Identified as a key ‘Urban Development Area’, benefiting from $1 Bn* tourism sector and strong population growth of 19% to 415,355+ by 2036

   -  Net Lease - tenant pays all usual outgoings including Rates, Insurance and general Repairs & Maintenance

   -  Attractive land tax free commercial investment

   -  Lease secured by 3 month Bond & Personal Guarantee

   -  Net Income $165,572 pa* + GST

*Approximate

The Investment is for sale via National Portfolio Auction to be held on Wednesday 6 March at 11am (AEDT)

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

Property Code: 847