Above 6.2% Yield – Freehold Childcare Investment – High Growth Region of South West Sydney

Price: $5,890,000 Location: South West , NSW Ref: 99480550
Agent:
Liam Hennessy
Agent Phone:
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Property Headline :
Above 6.2% Yield – Freehold Childcare Investment – High Growth Region of South West Sydney
Price :
$5,890,000
Category :
Land, Development
Full Description :

Freehold Childcare Investment – Under Development & Leased by established Child Care operator. 

The Operator/Tenant purchased the land for the purpose of Developing and Operating a Child Care Centre in this highly desirable location. They are selling the freehold and remaining as the operator/tenant. Settlement will take place upon DA Approval in early 2018.

Summary 

  •  Rent – $3,957.60/place/p/a – $364,100 Inc. GST + Outgoings
  •  High return of 6.20% yield
  •  3% Minimum annual increase or CPI (whichever is greater) 
  •  15 year lease + 5 + 5 Year options
  •  No rent free or other incentives to be paid to tenant/operator
  •  Located within large housing estate 
  •  Over 800 Residential sales in the last 12 Months
  •  3 Schools within 3 minute walk
  •  1 School has already hit occupancy of 1,000 Children 
  •  Close proximity to transport, shopping centres, entertainment,  recreation and sport facilities
  •  Well-established & experienced operator 
  •  Construction commencement in July 2018 
  •  Estimated $1.9Million build paid by the tenant 

 Childcare DA Summary 

  •  92 Places
  •  21 Car spaces
  •  Single Story
  •  Site Area – 2000.55m2
  •  Building Area – 530.82m2
  •  Floor Area – 504.62m2

To receive further information please complete the below registration:http://www.abbagroup.com.au/?p=99480550#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=99480550#enquire-now

Lease Further Option : Jan 2043

Lease End : Jan 2033

Outgoings Paid by : Tenant

Total Land Area : 2000 Square Metres

Zoning : R2

Tenancy : Tenanted Investment

Tenancy Options : Assignment of lease

Year Purchased : 2017

Days Trading : 5

Reason for Sale : Tenants business model is operating leasehold childcare centres - Under went capital expenditure of land and build to secure highly desirable location

Location : Childcare site is located within a large residential housing estate with approx. 1,000 dwellings, 3 minute walk to Catholic Primary & Secondary Colleges, community-sporting facilities, Shopping Centres, Entertainment & quick access to, transport, main roads & highways

Business Potential : Minimum 3% Increase - Tenanted by established and credible Child care operator in high demand and growing region

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