Stonebridge is pleased to present Young Academics Dapto (Wollongong) for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

– Secure 15 year net lease to 2040, plus options to 2060, with secure income growth via fixed 3% annual increases

– Young Academics – Dominant, premium NSW childcare operator with expanding network of 59+ centres

– Substantial landholding improved by a purpose built centre licensed for 86 places with secure basement carparking

– Central location off major arterial Princess Highway with 129,000+ residents within a 15min drive time and 7 schools in a 2km radius

– Ideally positioned childcare 300m from major primary school (591+ students) & Dapto Mall, hosting Coles, Woolworths & more

– Favourable net lease structure – Tenant pays all usual outgoings including Rates, Insurance and General Repairs & Maintenance

– Set to reap the benefits of the West Dapto urban release area, a master planned residential and commercial development

– Dapto (Wollongong) – Fastest growing residential area in NSW outside of Sydney positioned within the Wollongong LGA, the economic and administrative heart of the Illawarra region.

– Attractive Land Tax free commercial investment

– Net Income $412,800 pa* + GST

Young Academics Dapto (Wollongong) is for sale via Immediate Offers to Purchase.

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

*Approximately

Property Code: 1333