Story House Childcare, 30 Naru Street, Chinderah, NSW 2487

Medical | Retail | Showrooms

For Sale Contact Agent

  • Property ID: 448656
  • Floor Area: 990m²
  • Land Area: 3680m²
  • Occupancy: Vacant
Modern Childcare With 100% Occupancy - New 14 Yr Net Lease to National Operator

Stonebridge is pleased to present ‘Story House Early Learning Chinderah (Tweed Coast)’ for sale via Immediate Offers to Purchase.

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 Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1078

Chinderah Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3535 --- ---
Industrial $2186 $129 5.90%
Offices --- $222 ---
This is the average advertised price, rent and yield for Chinderah, NSW 2487*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×