Stonebridge is pleased to present Giggle and Learn Connells Point (Sydney), for sale via National Portfolio Auction held Friday 27 June at 10am (AEST).

The asset has the following key investment features:

– Brand new 20 year net lease to 2045, plus options to 2065, with fixed 3% annual rent increases

– Giggle and Learn – Premium boutique operator with 100%+ portfolio occupancy across rapidly expanding network of 5+ Sydney centres

– Substantial 1,011sqm landholding, with modern centre set across multiple levels & secure basement car park accommodating 10 vehicles

– Strategic childcare position situated just 400m* from two major schools (1,727+ students), plus 29 further schools in a 3km radius

– Convenient location less than 2km from Westfield Hurstville shopping centre, hosting Woolworths, Coles, ALDI and more, plus 1km from Princes Highway (99,174+ vehicles daily)

– Well-located childcare asset set off major arterial King Georges Road, servicing 43,431+ vehicles daily, with more than 408,000+ residents in 15min drive time

– Connells Point – Centrally-located Sydney suburb 14km to CBD, hosting a $2.6m median house price and household income 50% above the national average

– Net Lease – Tenant pays all usual Outgoings including Rates, Insurance and General Repairs & Maintenance

– Outstanding lease security via Security Bond equivalent to 6 months’ Rent + GST

– Attractive land tax free commercial investment

– Net Income: $287,520 pa* + GST

Giggle and Learn Connells Point (Sydney) is for sale via National Portfolio Auction held Friday 27 June at 10am (AEST).

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

*Approximately

Property Code: 1312