Stonebridge is pleased to present ‘Endeavour Early Education Concord (Sydney)’ for sale via Expressions of Interest closing Thursday 23 May at 3pm (AEST).
The asset has the following key investment features:
- Secure 15 year net lease to 2034 + options to 2049 with fixed 3% annual rent increases
- Endeavour Early Education – Successful multi-centre operator with longstanding childcare history at flagship Concord facility
- State-of-the-art childcare centre completed in 2019, providing significant depreciation benefits and incorporating basement car park, commercial-grade kitchen, immaculate internal finishes and sprawling outdoor playscape
- Premium, high value 1,625 sqm* landholding strategically positioned adjacent Mortlake Primary School plus a further 24 schools within a 3km radius
- Set amongst ‘leafy’, harbourside, family-centric surrounds including retail amenity, Concord Golf Club, parklands and proximate to train stations and public transport amenity, as well as major arterial Parramatta Road
- Concord - premium inner west suburb only 10km to Sydney CBD boasting median house price of $2.9m and household income 38% above national average
- Landlord favourable net lease structure - tenant responsible for all usual outgoings including rates, insurances and general repairs & maintenance
- Attractive Land Tax free commercial investment
- Net Income $764,354 pa* + GST
‘Endeavour Early Education Concord (Sydney)’ is for sale via Expressions of Interest closing Thursday 23 May at 3pm (AEST).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 943