Stonebridge is pleased to present ‘Story House Early Learning Chinderah (Tweed Coast)’ for sale via Expressions of Interest Closing Thursday 17 October at 3pm.
The asset has the following key investment features:
- New 14 year net lease to 2038 + options to 2058 with fixed 3% annual rent increases
- Story House Early Learning – Highly experienced and trusted childcare operator across 55+ centres nationally
- Expansive 3,860 sqm* corner site improved by modern childcare facility with sprawling playscape and 32 on site car parks
- Strong performing 118 place facility trading at 100% occupancy
- Purpose built childcare centre completed in 2015 with recent refurbishments providing favourable depreciation benefits
- Convenient position only 110 metres* from Pacific Motorway M1 and within 5 minutes’ drive of 12 surrounding schools
- Chinderah – Well established suburb forming part of one of NSW fastest growing regions, Tweed Coast, 109,450+ new residents forecast by 2036*
- Lease secured by Head Company Guarantee and Bank Guarantee equivalent to 3 months’ rent + GST
- Net lease structure – Tenant pays all usual outgoings including Insurance, Rates and General Repairs and Maintenance
- Attractive Land Tax free commercial investment
- Net Income $312,424 pa* + GST
‘Story House Early Learning Chinderah (Tweed Coast)’ is for sale via Expressions of Interest Closing Thursday 17 October at 3pm.
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 1078