Brand New South-West Sydney Asset – 15 Yr Net Lease to 2039 + Opts to 2069

  • $2,990,000/Contact Agent

Property Description

Stonebridge is pleased to present ‘Thrive ELC Picton (Sydney)’ for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

– Brand new 15 year net lease to 2039, plus options to 2069, with annual increases to the greater of CPI or 4%

– Thrive ELC – Proven & experienced NSW operator with rapidly expanding network of 14+ locations

– Impressive 64 place centre set across multiple levels, occupying large 1,341sqm site, with 16 at-grade car parks

– Newly completed asset in 2024, providing brand new improvements and maximum depreciation benefits

– Ideal childcare position just 230m to major primary school, with convenient position on arterial road

– Irreplaceable asset in current construction environment, offering long term income growth and capital appreciation

– Picton – Booming south-west Sydney suburb, with LGA pop. to expand 68% by 2041, set to benefit from new Western Sydney airport (open 2026)

– Net lease – Tenant pays all usual Outgoings including Management Fees, Rates and general Repairs & Maintenance

– Outstanding lease security via Bank Guarantee equivalent to 4 month’s Rent + GST

– Net Income $299,520 pa* + GST

‘Thrive ELC Picton (Sydney) is for sale via Immediate Offers to Purchase.

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

*Approximately

Property Code: 1473

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