High Performing Childcare In High Growth Area - Unique Annual Rent Reviews with Significant Upside

Description

Burgess Rawson is pleased to offer 7 Bronzewing Street, Tahmoor NSW to the market for sale via our Investment Portfolio Auction 165.

The property has the following key investment highlights:

+ 10 year net lease to 2029 plus options extending to 2049
+ Unique rent review structure – greater of 3.5% pa. or 12% of annual turnover with lease provision to ensure rent cannot reduce
+ Modern strong performing 152 licensed LDC centre adjoining Tahmoor Public School and new Swim School
+ Neighbouring McDonald’s, BP & El Jannah & proposed new large format retail, medical & tyre/auto
+ Significant 5,138sqm landholding with direct access to surrounding new proposed development.
+ Net lease, tenant pays all outgoings inc land tax, management & repairs & maintenance
+ Land Tax free commercial investment
+ Modern 2019 construction providing excellent depreciation benefits
+ Wollondilly Shire: set to soar in population by 74% by 2041^
+ 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: $402,755 pa* + GST

To be sold by Investment Portfolio Auction
10:30 am AEST Tuesday 5 December 2023
Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx.
^Forecast.id

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Contact agents
Yosh Mendis Head of Agency | Partner
0434 413 188
Michael Vanstone Director | Childcare
0403 580 528
Enquiry Form

Tahmoor, NSW

7 Bronzewing Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 165

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