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