Stonebridge is pleased to present ‘Hive Academy Morisset (Lake Macquarie) for sale via Expressions of Interest closing Thursday 19 February at 3pm (AEDT).

The asset has the following key investment features:

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

– Hive Academy – Boutique childcare operator with 30+ years’ experience & rapidly expanding network of 4 centres

– Immaculate centre (completed 2025) licensed for 132 places, with 36 at-grade car parks & huge depreciation. benefits

– Substantial 3,840 sqm* site just off key arterial (59,820+ vehicles daily), with 5 primary schools in 10min drive time

– Dominant operator with monopoly & 55% of places in catchment, benefitting from operational efficiencies & showcasing strong commitment to the location

– Morisset (Lake Macquarie) – Key ‘Urban Development Area’ with $1Bn tourism sector, plus 415K+ residents by 2036

– Core location in residential growth hub, with population growth projected to nearly triple to 50,000 by 2033, including $600m ‘Trinity Point’ Waterfront precinct and proposed 72ha ‘Cedar Mill’ development

– Outstanding lease security via Bank Guarantee equivalent to 3 months’ Rent & Outgoings, plus Personal Guarantee

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

– Net Income $554,400 pa* + GST

‘Hive Academy Morisset (Lake Macquarie) is for sale via Expressions of Interest closing Thursday 19 February at 3pm (AEDT).

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

*Approximately

Our ID: a0TOd00000bkv7hMAA
Our Ref: National Portfolio, Childcare

Property Code: 1562