Land Rich Sydney Childcare in Prestigious North Shore Location - New 20 Yr Net Lease
Stonebridge is pleased to present ‘Reddam Early Learning Lindfield (Sydney)’ for sale via Expressions of Interest closing 5 September 2024 at 3pm (AEST).
The asset has the following key investment features:
- Brand new 20 year net lease to 2044 plus options to 2064 with market leading increases to the greater of 3% or CPI
- Reddam Early Learning - Operate three state-of-the-art facilities in Woollahara, Lindfield and St Leonards. Reddam House offers education through to high school and is the sole non-selective school to achieve a top 10 HSC ranking the past 5 years
- Inspired Education - Wholly owned parent company of Reddam Early Learning, with 111+ locations across 24 countries, servicing 80,000 students
- Substantial 3,712 sqm* landbank set across four lots representing a childcare facility of unprecedented size and scale, with four large activity rooms and sprawling playscape, licensed for 175 LDC places
- Strong trading childcare facility exhibiting high occupancy and exceptional financial performance
- Convenient position only 500m* to both Lindfield and Killara Train Stations, plus 1 km* to Lindfield Public School (749+ students), with a further 12 schools in a 3 km* radius
- Accessible location just 100m* to major arterial Pacific Highway (49,796+ vehicles daily) and situated just 2.5 km* to Chatswood CBD
- High-growth locale benefitting from $25Bn* Sydney Metro rail, with 124,000* residents in a 10 minute drive time
- Lindfield – Affluent North Shore suburb 13km* to Sydney CBD with median house of $3.7M* and household income 62%+ above national average
- Net Lease Structure – Tenant pays all usual outgoings including Rates, Insurance and General Repairs & Maintenance
- Attractive Land Tax free commercial investment
- Net Income $945,000 pa* + GST
*Approximately
‘Reddam Early Learning Lindfield (Sydney)’ for sale via Expressions of Interest closing 5 September 2024 at 3pm (AEST).
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property Code: 993