Stonebridge is pleased to present Young Academics Box Hill (Sydney) for sale via Expressions of Interest closing Thursday 5 September at 3pm (AEST).
The asset has the following key investment features:
- Brand new 15 year net lease to 2038 plus options to 2058, with rare fixed 5% for first 4 years & fixed 3% thereafter
- Young Academics – Established premium NSW childcare operator with expanding network of 43+ centres and estimated revenue of $100+ million
- High occupancy childcare facility trading at circa 100% occupancy, set on high profile 2,303 sqm* corner site licensed for 120 LDC places, with brand new improvements (built 2023) offering excellent depreciation benefits
- Ideal childcare location only 950m* from brand new primary school (open 2025), plus 17 schools within a 3km radius
- Convenient and accessible position with 93 metre* dual street frontage to key arterial Old Pitt Town Road and less then 2km* from Windsor Road (50,434+ vehicles daily), plus 38 secure basement car parks
- Box Hill – Major contributor to North West priority growth area and set to receive 90,000+ homes, driven by Stockland, Landcom & Mirvac master planned developments, including new town centre, three shopping centres, new schools and key employment hubs
- Net lease – Tenant responsible for all outgoings including management fees, rates and general repairs and maintenance, plus 3 month Bank Guarantee
- Attractive Land Tax free commercial investment
- Net Income $606,690 pa* + GST
*Approximately
Young Academics Box Hill (Sydney) is for sale via Expressions of Interest closing Thursday 5 September at 3pm (AEST).
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property Code: 1024