Burgess Rawson is pleased to offer 22a Hillcrest Street, Tempe NSW 2044 to the market for sale via Private Treaty.

The property has the following key investment highlights:

+ Long 12 year net lease to 2033
+ Further options extending to 2048
+ Attractive annual rental increases: the greater of CPI or fixed 3%
+ Stunning architecturally designed 69 LDC place centre
+ 100% occupancy and long wait list
+ Reggio Emilia ELC – prestigious & growing early education operator with premium centres across Sydney
+ Tempe: thriving Inner West suburb growing at over 3 times the NSW state average, only 8km from the CBD
+ Prime location centrally near 3 train stations, Princes Highway, IKEA, Decathlon Sports Superstore & The Good Guys
+ Attractive landlord friendly net lease structure – tenant pays all usual outgoings as per lease, plus management fees
+ Land Tax free commercial investment (NSW only)
+ Child Care/Early Education is an essential service and one of Australia’s most sought-after asset classes; both the Federal and State Governments have allocated unprecedented funding to support this sector. In 2022-2023, the Federal Government is projected to contribute $10.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform. ^
+ Net Income: $386,342 pa* + GST

To be sold by Private Treaty.

*Approx
^Australian Government – Department of Education | Child Care Subsidy Reform