High Occupancy Northern Beaches Asset – Renewed 15 Year Net Lease + Options

  • $3,000,000/Contact the Stonebridge Team

Property Description

Stonebridge is pleased to present ‘G8 Education Freshwater (Sydney)’ for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

– Renewed 15 year net lease to 2028, plus options to 2038, with market-leading 4% annual rent increases

– G8 Education – Leading ASX-listed childcare operator across 406+ centres nationally, hosting huge market cap. $717M^

– Prominent corner site spanning 1,119 sqm*, improved by 74 place childcare centre set over multiple levels and boasting 14 basement car parks, offering strong depreciation benefits

– Ideal family-centric location 350m from major primary school with 17 further schools in a 3km radius, encompassing 6,320 children aged 0-5 years

– Prime beachside position less than 620m* to iconic Freshwater Beach retail centre and 2km from world renowned Manly beach

– Freshwater – Exclusive Sydney suburb with $3.8M* median house price and major contributor to Northern Beaches booming $21.1Bn economy (GRP)

– Irreplaceable level of improvements in current construction climate, with huge underlying land value offering long-term redevelopment potential

– Strong potential rental uplift at upcoming market review

– Favourable net lease structure – Tenant pays all usual outgoings including rates, insurance & general repairs and maintenance

– Favourable lease security with Bank Guarantee equivalent to 2 months’ Rent + GST

– Net Income $356,928 pa + GST

‘G8 Education Freshwater (Sydney) is for sale via Immediate Offers to Purchase.

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

*Approximately

Property Code: 1437

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