Remarkable Northern Beaches Investment – 20 Year Triple Net Lease to 2045 + Options

  • $7,500,000/Contact The Stonebridge Team

Property Description

Stonebridge is pleased to present Saltwater Preschool Newport (Sydney) for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

– Brand new, market leading 20 year triple net lease to 2045, with options to 2065, plus greater of 3% or CPI annual rent increase

– Saltwater Preschool – Dominant, ultra-premium Northern Beaches childcare provider with high portfolio occupancy and a substantial waitlist, providing 66% of all LDC places in the catchment

– Irreplaceable 2,382 sqm* landholding with improvements set across multiple levels, showcasing ultra-premium finishes including Hawaiian-inspired plantation style architecture, wrap-around outdoor playscape, secure basement car park and designated staff level complete with pilates studio

– Remarkable Northern Beaches childcare centre newly completed in 2025, available below replacement cost and offering maximum depreciation benefits

– Ideal childcare location directly opposite Newport Primary School (599+ students) and set off major arterial Barrenjoey Road (39,800+ vehicles daily)

– Lucrative position servicing under-supplied catchment with more than 8 children for each available LDC place, representing the largest centre on the peninsular and newest centre in 40+ years

– Saltwater Preschool Newport holds a monopoly over the suburb, representing the only childcare on the Northern Beaches peninsular licensed for children aged 0-2 years old

– Newport – Exclusive Northern Beaches locale neighbouring Palm, Avalon & Whale Beach, hosting $2.6M median house price & household income 42%* above national average

– Triple Net Lease – Tenant pays all Outgoings including Management Fees, Rates and Structural Repairs & Maintenance

– Unique mid-term market review to capture further income growth, supported by rent ratchet clause

– Outstanding lease security via Personal Guarantees & Bank Guarantee equivalent to 6 months’ Rent & Outgoings + GST

– Net income $700,000 pa* + GST

Saltwater Preschool Newport (Sydney) is for sale via Immediate Offers to Purchase.

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

*Approximately

Property Code: 1313

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