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108 Parraweena Road,
Miranda, NSW 2228
Medical & Consulting • Shops & Retail • Offices
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Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
108 Parraweena Road
Miranda, NSW 2228
Map of 108 Parraweena Road
Train stations within 5 km of 108 Parraweena Road, Miranda, NSW 2228 Distance Caringbah Station 1.6 km Miranda Station 1.8 km Gymea Station 3.1 km Woolooware Station 3.3 km Kirrawee Station 4.4 km POWERED BY HERE ©Bus stops within 5 km of 108 Parraweena Road, Miranda, NSW 2228 Distance Parraweena Rd Opp Shirley Rd 98 m Parraweena Rd at Shirley Rd 139 m Taren Point Rd Before Parraweena Rd 229 m Taren Point Rd Before Kumulla Rd 307 m Endeavour Sports High School, Access Rd, the Boulevarde 321 m POWERED BY HERE ©
POWERED BY HERE ©
Premium Childcare Anchored Sydney Investment | Long 15 Year Net Lease To Leading National Childcare Operator
- Likely To Sell Below Replacement Value
- Attractive Rent Reviews Up to 4%
- Three Level 1,802sqm Freehold Building
Burgess Rawson is pleased to present this premium freestanding three-level commercial investment at 108 Parraweena Road, Miranda NSW. This modern building is anchored by a leading national childcare operator, Story House Early Learning and is available for sale via Expressions of Interest.
Key Investment Highlights:
+ Anchored by 15-year net lease to 2034 plus options to Story House Early Learning: leading national childcare provider with 55+ centres
+ Two further 10-year options extending to 2054
+ Fixed annual rent reviews up to 4%, compounding for guaranteed growth
+ Easily managed modern freehold investment with a full recovery of outgoings as per the lease, including rates, lift maintenance, insurance and general repairs & maintenance
+ Three-level freestanding 1,802* sqm commercial building plus underground parking for 55 cars
+ Likely to sell below replacement value with a long 7.3 year WALE
+ Strategically positioned within Miranda/Taren Point large format precinct opposite Ritchie's IGA; near Tesla, BMW, Bunnings, BCF, Beacon Lighting, Harvey Norman and Westfield
+ Thriving education hub: just 650m* from Endeavour Sports High School, with 21 schools within a 3km catchment
+ Miranda: High-growth suburb projected to expand 14.53% by 2036
+ Net Income: $907,395 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.^^
For Sale by Expressions of Interest
Closing 3pm AEDT Tuesday 12 November 2024
Contact Burgess Rawson's exclusive childcare sales team today for more information on this anchored childcare investment.
*Approx
^^ Australian Government Productivity Commission website
Key Investment Highlights:
+ Anchored by 15-year net lease to 2034 plus options to Story House Early Learning: leading national childcare provider with 55+ centres
+ Two further 10-year options extending to 2054
+ Fixed annual rent reviews up to 4%, compounding for guaranteed growth
+ Easily managed modern freehold investment with a full recovery of outgoings as per the lease, including rates, lift maintenance, insurance and general repairs & maintenance
+ Three-level freestanding 1,802* sqm commercial building plus underground parking for 55 cars
+ Likely to sell below replacement value with a long 7.3 year WALE
+ Strategically positioned within Miranda/Taren Point large format precinct opposite Ritchie's IGA; near Tesla, BMW, Bunnings, BCF, Beacon Lighting, Harvey Norman and Westfield
+ Thriving education hub: just 650m* from Endeavour Sports High School, with 21 schools within a 3km catchment
+ Miranda: High-growth suburb projected to expand 14.53% by 2036
+ Net Income: $907,395 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.^^
For Sale by Expressions of Interest
Closing 3pm AEDT Tuesday 12 November 2024
Contact Burgess Rawson's exclusive childcare sales team today for more information on this anchored childcare investment.
*Approx
^^ Australian Government Productivity Commission website
Property ID: 504705580Last Updated: 4 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
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