Stonebridge is pleased to present ‘Only About Children Cromer (Sydney)’ for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

– Renewed 6-year lease to 2030, plus options to 2042, with compounding ‘CPI + 1%’ annual rent increases & Bank Guarantee

– Only About Children – Acquired by multi-national operator for $450M, Bright Horizons, joining a global network of 1,000+ locations across 8 countries

– Land rich 1,922 sqm* site with surplus land & substantial 80 place facility including 21 secure basement car parks

– Ideally positioned 250m from a major school boasting 1,060+ students and a further 17 schools within a 3km radius (10,000+ total students)

– Strategic location less than 2km* to Pittwater Road, a major arterial servicing 32,960+ vehicles daily, nearby Brookvale’s retail & commercial core

– Cromer – Key Northern Beaches hub only 7km* to iconic Manly beach, with LGA population to exceed 106,000+ residents by 2046

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

– Childcare Net Income $378,607 pa* + GST

– Residential Net Income $34,320 pa* + GST

– Combined Net Income $412,927 pa* + GST

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

*Approximately

Property Code: 1522