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Elders Real Estate Launceston

Newstead Childcare Centre, 59B Amy Road Newstead, TAS 7250

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Newstead Childcare Centre, 59B Amy Road,
Newstead, TAS 7250

Medical & Consulting • Shops & Retail • Other

Price information

Sale - Auction Tue 10 Dec

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$381,600
Number of Tenants
1 Tenant
Tenants / Type
Childcare

Auction

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Elders Real Estate Launceston
David Webster

Elders Real Estate Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
Elders Real Estate Launceston
Newstead Childcare Centre, 59B Amy Road
Newstead, TAS 7250

Map of Newstead Childcare Centre, 59B Amy Road

Directions
  • Bus stops within 5 km of Newstead Childcare Centre, 59B Amy Road, Newstead, TAS 7250Distance
    50 Amy Rd129 m
    178 Abbott St184 m
    186 Punchbowl Rd211 m
    185 Punchbowl Rd234 m
    153 Punchbowl Rd236 m
    POWERED BY HERE ©
POWERED BY HERE ©

High Performing Childcare Investment Within Major School Catchment Area

  • Brand new 15 year lease to 2039
  • Greater of CPI or 3% rent reviews
  • Tenant pays all OG's incl. land tax
Burgess Rawson are pleased to offer to the market 'Newstead Childcare Centre' located at 59B Amy Road, Newstead TAS for sale via Investment Portfolio Auction 173.

The property has the following key investment highlights:

+ Brand new Fifteen (15) year net lease to Newstead Childcare Centre to 2039.
+ Two (2) further Ten (10) year options to 2059.
+ Newstead Childcare Centre: high performing childcare provider trading 20+ years and with an extensive waitlist.
+ Rated ‘Exceeding’ under the National Quality Standards.
+ Favourable annual rent reviews to the greater of CPI or 3%.  
+ Investor preferred net lease terms with the tenant responsible for all outgoings including land tax.
+ Well-maintained 883sqm* childcare centre licensed for 106 LDC places.
+ Significant 5,593sqm* freehold landholding with 23 on-title car parking spaces.
+ Situated amongst significant educational precinct – 4 schools within 1km* that combine to service 2,465+ full-time students.(1)
+ Absolute Newstead (Launceston) CBD location with Coles (Wellington St, Charles St & Elphin Rd), Woolworths, Target, IGA, and the Coles & Kmart-anchored Launceston Plaza Shopping Centre all within 1.6km*.
+ Newstead: affluent metro suburb of Launceston, with strong 28.2% median house price growth since Nov 2020. (2)
+ City of Launceston: capital and major service centre of northern Tasmania, home to 71,700+ people and an annual economic output of $12B+. (3)
+ Net Income: $381,600pa* + GST.

For Sale by Investment Portfolio Auction 173
10:30am AEDT Wednesday 11 December 2024
River Room - Crown Casino, Melbourne VIC

*Approx
1 GapMaps
2 realestate.com.au
3 REMPlan

Property ID: 504737424Last Updated: 25 Nov 2024

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