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Stonebridge Property Group - Sydney

Story House Childcare, 30 Naru Street Chinderah, NSW 2487

Story House Childcare, 30 Naru Street,
Chinderah, NSW 2487

Medical & Consulting • Shops & Retail • Showrooms & Large Format Retail

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Stonebridge Property Group - Sydney
James Freemantle
Tom Moreland
Thomas Proberts

Stonebridge Property Group - Sydney

Level 7, 14 Martin Place
SYDNEY, NSW 2000
Stonebridge Property Group - Sydney
Story House Childcare, 30 Naru Street
Chinderah, NSW 2487

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Modern Childcare With 100% Occupancy - New 14 Yr Net Lease to National Operator

  • Prime 3,860 sqm* Corner Site
  • Land Tax Exempt Investment
  • Fixed 3% Annual Rent Increases
Stonebridge is pleased to present ‘Story House Early Learning Chinderah (Tweed Coast)’ for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

- New 14 year net lease to 2038 + options to 2058 with fixed 3% annual rent increases

- Story House Early Learning – Highly experienced and trusted childcare operator across 55+ centres nationally

- Expansive 3,860 sqm* corner site improved by modern childcare facility with sprawling playscape and 32 on site car parks

- Strong performing 118 place facility trading at 100% occupancy

- Purpose built childcare centre completed in 2015 with recent refurbishments providing favourable depreciation benefits

- Convenient position only 110 metres* from Pacific Motorway M1 and within 5 minutes’ drive of 12 surrounding schools

- Chinderah – Well established suburb forming part of one of NSW fastest growing regions, Tweed Coast, 109,450+ new residents forecast by 2036*

- Lease secured by Head Company Guarantee and Bank Guarantee equivalent to 3 months’ rent + GST

- Net lease structure – Tenant pays all usual outgoings including Insurance, Rates and General Repairs and Maintenance

- Attractive Land Tax free commercial investment

- Net Income $312,424 pa* + GST

‘Story House Early Learning Chinderah (Tweed Coast)’ is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1078

Property ID: 504691984Last Updated: 31 Oct 2024

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