Prestigious High Performing Sydney North Shore Childcare | 16 Year Net Lease to Global Operator

Description

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 our Investment Auction Portfolio 176.

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
+ 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 undersupplied catchment with a childcare ratio above the NSW average
+ 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 by Investment Portfolio Auction
10:30am AEST Tuesday 13 May 2025
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

Enquire

Contact agents
Yosh Mendis Head of Agency | Partner
0434 413 188
Michael Vanstone Director | Childcare
0403 580 528
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Killarney Heights, NSW

22 Tramore Place

For Sale by Portfolio Auction
Tuesday 13th May 10:30AM Yallamundi Rooms, Sydney Opera House

This property is part of Portfolio 176

Price: Contact Agent

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