Affinity Education Group, 1-3 Scenic Circle,
Budgewoi, NSW 2262
Medical & Consulting • Shops & Retail • Offices
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson Consultants
National Office | Level 7, 140 Bourke StreetMELBOURNE, VIC 3000
Affinity Education Group, 1-3 Scenic Circle
Budgewoi, NSW 2262
Map of Affinity Education Group, 1-3 Scenic Circle
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, general repairs & maintenance and management fees
+ 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, general repairs & maintenance and management fees
+ 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: 19 Dec 2024
Burgess Rawson ConsultantsNational Office | Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
More properties from Burgess Rawson Consultants
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
6 Roper Road,Blue Haven, NSW 2262 443 m²Medical & Consulting • Shops & Retail • Showrooms & Large Format Retail