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Childcare Centre, 15 Hutchison Terrace Bakewell, NT 0832

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Childcare Centre, 15 Hutchison Terrace,
Bakewell, NT 0832

Medical & Consulting • Offices • Shops & Retail

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Map of Childcare Centre, 15 Hutchison Terrace

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Dominant Childcare Investment

  • 15 year lease to Affinity Ed to 2031
  • Affinity: 160 + centres nationally
  • Annual rent increases to CPI + 1%
Secure 20 year lease to Affinity Education to 2031
Four further five year options to 2051
Affinity Education Group: highly experienced and successful early education provider with over 160 centres nationally
Further supported by the NT Government’s Early Childhood Services
Subsidy – the only state/territory based subsidy nationally
Strong underlying business (est. 2004) and consistently trading above 95% occupancy, with 0-4 age group 25-30% above the national average
Annual rental increases to CPI + 1%
Tenant pays all usual outgoings
Purpose-built dual facilities licensed for 150 LDC places
Strategic 5,040 sqm corner site (over two titles) adjoining Bakewell
Primary School – the largest primary school in the Northern Territory
Net Income: $277,389 pa + GST

Property ID: 502582454Last Updated: 3 May 2021

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Childcare Centre, 15 Hutchison Terrace
Bakewell, NT 0832
McGees Property - Darwin
Level 1, 22 Harry Chan Avenue
DARWIN CITY, NT 0800

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