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











