Added today
Newstead Childcare Centre, 59B Amy Road,
Newstead, TAS 7250
Medical & Consulting • Shops & Retail • Other
Added today
Price information
Sale - Auction Tue 10 Dec
Contact Agent
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
Private inspections
to arrange a private inspection.
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Newstead Childcare Centre, 59B Amy Road
Newstead, TAS 7250
Map of Newstead Childcare Centre, 59B Amy Road
Bus stops within 5 km of Newstead Childcare Centre, 59B Amy Road, Newstead, TAS 7250 Distance 50 Amy Rd 129 m 178 Abbott St 184 m 186 Punchbowl Rd 211 m 185 Punchbowl Rd 234 m 153 Punchbowl Rd 236 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 25 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
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 25 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: 14 Nov 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000