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1-3 Scenic Circle,
Budgewoi, NSW 2262
Medical & Consulting • Shops & Retail • Offices
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Sale - Auction Mon 28 Oct
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Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
1-3 Scenic Circle
Budgewoi, NSW 2262
Map of 1-3 Scenic Circle
Bus stops within 5 km of 1-3 Scenic Circle, Budgewoi, NSW 2262 Distance Scenic Dr After Walu Av 170 m Scenic Dr Before Narambi Rd 182 m Scenic Dr Opp Hulani St 258 m Scenic Dr Opp Woodland Pkwy 335 m Narambi Rd Opp Nacooma Rd 375 m POWERED BY HERE ©
POWERED BY HERE ©
Rare Affordable Childcare Investment Leased To Affinity Education - A National Operator On A Renewed 10 Year Lease
- Secure 10 Year Net Lease To 2032 + Opts
- 100% Occupancy With Long Waiting List
- Fixed 3.5% Annual Rental Increases
Burgess Rawson is pleased to present for sale this exceptional Central Coast childcare centre located at 1-3 Scenic Circle, Budgewoi, NSW. It features a recently renewed 10-year lease to Affinity Education, a significant national operator. This property is available for purchase via our upcoming Investment Portfolio Auction 172.
Compelling Key Investment Highlights:
+ Recently renewed 10 year net lease to 2032
+ Two further 10 year options extending to 2052
+ Compounding fixed 3.5% annual rent reviews ensuring consistent income growth
+ Tenant pays 100% of all usual outgoings including rates, insurance and general repairs & maintenance
+ Milestones ELC: Affinity Education Group is a highly experienced and established operator with over 225 centres nationally
+ Dominant 46 place purpose-built childcare centre with 100% occupancy and long waiting list
+ Commanding 1,820sqm* freehold corner landholding
+ Thriving childcare operation within a catchment having an above average proportion of 0-4 year olds, in a high-demand, undersupplied childcare area
+ Tax benefits: Land tax-free commercial investment (NSW only)
Net Income: $151,683 pa* + GST
Early Childhood Education: An Essential Service and Government-Supported Asset Class:
In 2023-2024, the Federal Government contributed over $11.6 billion in funding for early childhood education, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in 2023. This reform aims to make early education and care more affordable for around 1.3 million families nationwide.^^
Auction Details:
10:30 am AEDT Tuesday, 29 October 2024
Yallamundi Rooms, Sydney Opera House
To learn more about this outstanding childcare investment opportunity, please contact the exclusively appointed Burgess Rawson childcare sales team today.
*Approx
^^ Australian Government Productivity Commission website
Compelling Key Investment Highlights:
+ Recently renewed 10 year net lease to 2032
+ Two further 10 year options extending to 2052
+ Compounding fixed 3.5% annual rent reviews ensuring consistent income growth
+ Tenant pays 100% of all usual outgoings including rates, insurance and general repairs & maintenance
+ Milestones ELC: Affinity Education Group is a highly experienced and established operator with over 225 centres nationally
+ Dominant 46 place purpose-built childcare centre with 100% occupancy and long waiting list
+ Commanding 1,820sqm* freehold corner landholding
+ Thriving childcare operation within a catchment having an above average proportion of 0-4 year olds, in a high-demand, undersupplied childcare area
+ Tax benefits: Land tax-free commercial investment (NSW only)
Net Income: $151,683 pa* + GST
Early Childhood Education: An Essential Service and Government-Supported Asset Class:
In 2023-2024, the Federal Government contributed over $11.6 billion in funding for early childhood education, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in 2023. This reform aims to make early education and care more affordable for around 1.3 million families nationwide.^^
Auction Details:
10:30 am AEDT Tuesday, 29 October 2024
Yallamundi Rooms, Sydney Opera House
To learn more about this outstanding childcare investment opportunity, please contact the exclusively appointed Burgess Rawson childcare sales team today.
*Approx
^^ Australian Government Productivity Commission website
Property ID: 504701648Last Updated: 1 Oct 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Burgess Rawson ConsultantsNational Office | Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000