Stonebridge is pleased to present ‘Story House Early Learning Chinderah (Tweed Coast)’ for sale via Immediate Offers to Purchase. The asset has the following key investment features: - New 14 year net lease to 2038 + options to 2058 with fixed 3% annual rent increases - Story House Early Learning – Highly experienced and trusted childcare operator across 55+ centres nationally - Expansive 3,860 sqm* corner site improved by modern childcare facility with sprawling playscape and 32 on site car parks - Strong performing 118 place facility trading at 100% occupancy - Purpose built childcare centre completed in 2015 with recent refurbishments providing favourable depreciation benefits - Convenient position only 110 metres* from Pacific Motorway M1 and within 5 minutes’ drive of 12 surrounding schools - Chinderah – Well established suburb forming part of one of NSW fastest growing regions, Tweed Coast, 109,450+ new residents forecast by 2036* - Lease secured by Head Company Guarantee and Bank Guarantee equivalent to 3 months’ rent + GST - Net lease structure – Tenant pays all usual outgoings including Insurance, Rates and General Repairs and Maintenance - Attractive Land Tax free commercial investment - Net Income $312,424 pa* + GST ‘Story House Early Learning Chinderah (Tweed Coast)’ is for sale via Immediate Offers to Purchase. Please contact the exclusively appointed Stonebridge property professionals for more information. *Approximately Property Code: 1078
Email enquiry to Stonebridge Property Group - Sydney
Property ID: 504691984