38-40 Lumsdaine Street,
Picton, NSW 2571
Shops & Retail • Medical & Consulting • Other
Price information
Sale - Expression of Interest closing Thu 17 Oct
EXPRESSIONS OF INTEREST
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Expression of Interest
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RWC - Western Sydney
15-17 Argyle StreetPARRAMATTA, NSW 2150
38-40 Lumsdaine Street
Picton, NSW 2571
Map of 38-40 Lumsdaine Street
Train stations within 5 km of 38-40 Lumsdaine Street, Picton, NSW 2571 Distance Picton Station 242 m Thirlmere 4.7 km POWERED BY HERE ©Bus stops within 5 km of 38-40 Lumsdaine Street, Picton, NSW 2571 Distance Picton Public School Whitfield Pl 318 m Picton Public School Argyle St 322 m Menangle St 368 m Cowper St Near Argyle St 764 m Argyle St Near Cowper St 782 m POWERED BY HERE ©
POWERED BY HERE ©
BRAND NEW CHILDCARE - OPPOSITE PRIMARY SCHOOL
Ray White Commercial (RWC) and Stonebridge Property Group are pleased to present to market 'Leaping Learners Picton (Sydney),' a brand new, state-of-the-art childcare facility. This asset, set across a substantial 2,782 sqm* corner site directly opposite a major primary school is offered for sale by Expressions of Interest closing Thursday, 17 October at 3pm (AEDT).
The asset is underpinned by a brand new 10 year net lease to 2034, with options to 2054 and leased to Leaping Learners, an award winning operator with a 15+ year track record and a rapidly expanding network of 6+ centres.
The investment delivers income growth with favourable annual increases, a net lease structure and excellent depreciation benefits. Positioned in the Macarthur region of south-west Sydney, Picton occupies a key growth corridor, with significant private and public capital inflows set to benefit from the strong population growth projections.
Highlights of the asset include:
• Large 2,782 sqm* corner site directly opposite primary school
• Brand new facility, yielding huge depreciation benefits
• Net Income $319,500 pa* + GST
• 10 year lease to 2034 + options to 2054 with market leading increases
• Tenanted by Leaping Learners - award winning multi-site operator with 15+ year track record and growing network of 6+ centres
• Located directly opposite Picton Public School (315+ students)
• Situated less than 1km* to Town Centre, Coles Anchored Shopping Centre, Picton Train Station and other amenities
'Leaping Learners Picton (Sydney)' is offered for sale via Expressions of Interest closing on Thursday 17 October at 3pm (AEDT).
For further information including a copy of the information memorandum, please contact the selling team.
The asset is underpinned by a brand new 10 year net lease to 2034, with options to 2054 and leased to Leaping Learners, an award winning operator with a 15+ year track record and a rapidly expanding network of 6+ centres.
The investment delivers income growth with favourable annual increases, a net lease structure and excellent depreciation benefits. Positioned in the Macarthur region of south-west Sydney, Picton occupies a key growth corridor, with significant private and public capital inflows set to benefit from the strong population growth projections.
Highlights of the asset include:
• Large 2,782 sqm* corner site directly opposite primary school
• Brand new facility, yielding huge depreciation benefits
• Net Income $319,500 pa* + GST
• 10 year lease to 2034 + options to 2054 with market leading increases
• Tenanted by Leaping Learners - award winning multi-site operator with 15+ year track record and growing network of 6+ centres
• Located directly opposite Picton Public School (315+ students)
• Situated less than 1km* to Town Centre, Coles Anchored Shopping Centre, Picton Train Station and other amenities
'Leaping Learners Picton (Sydney)' is offered for sale via Expressions of Interest closing on Thursday 17 October at 3pm (AEDT).
For further information including a copy of the information memorandum, please contact the selling team.
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Property ID: 504691748Last Updated: 18 Sep 2024
RWC - Western Sydney 15-17 Argyle Street
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PARRAMATTA, NSW 2150
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