Zuccoli Early Learners, 17 Ginger Street,
Zuccoli, NT 0832
Medical & Consulting • Shops & Retail • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Zuccoli Early Learners, 17 Ginger Street
Zuccoli, NT 0832
Map of Zuccoli Early Learners, 17 Ginger Street
Dominant Childcare Investment in Rapidly Expanding Growth Hub
- Fixed 3% annual rent increases
- 3,140sqm* site - triple st frontage
- Tenant pays all outgoings
Burgess Rawson and McGees Property are pleased to offer to the market Zuccoli Early Learners located at 17 Ginger Street, Zuccoli (Darwin) NT via Private Sale.
The property has the following investment highlights:
+ Ten (10) year net lease to 2028 plus options to 2048.
+ Zuccoli Early Learners: established and successful operator with three locations.
+ Fixed 3% annual rent increases, plus ratchet provisions at market reviews ensuring future rental growth.
+ Tenant pays all outgoings including management fees. No land tax in NT.
+ Strong trading centre, licensed for 160 LDC places.
+ Strategically located in a key education precinct, directly opposite Mother Terese Catholic Primary School and Zuccoli Primary School and within close proximity to Mackillop College.
+ Expansive 3,140sqm site boasting three street frontages and strategically located within the Aspire masterplan community, seamlessly connecting to the adjacent Zuccoli Village. Upon completion, both communities will collectively accommodate 2,300+ homes, with excellent access to key retail, commercial and transport amenities, and ideally located within a 25-minute drive from the Darwin CBD.
+ The City of Palmerston: highest demographic of children under 5 years in Australia, and the second fastest growing area in the Northern Territory2^
+ Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families^^^
+ Net Income: $477,620 pa* + GST (as at September 2024)
*Approx.
^ Gapmaps
2 Treasury.nt.gov.au
^^^ Australian Government Department of Education
The property has the following investment highlights:
+ Ten (10) year net lease to 2028 plus options to 2048.
+ Zuccoli Early Learners: established and successful operator with three locations.
+ Fixed 3% annual rent increases, plus ratchet provisions at market reviews ensuring future rental growth.
+ Tenant pays all outgoings including management fees. No land tax in NT.
+ Strong trading centre, licensed for 160 LDC places.
+ Strategically located in a key education precinct, directly opposite Mother Terese Catholic Primary School and Zuccoli Primary School and within close proximity to Mackillop College.
+ Expansive 3,140sqm site boasting three street frontages and strategically located within the Aspire masterplan community, seamlessly connecting to the adjacent Zuccoli Village. Upon completion, both communities will collectively accommodate 2,300+ homes, with excellent access to key retail, commercial and transport amenities, and ideally located within a 25-minute drive from the Darwin CBD.
+ The City of Palmerston: highest demographic of children under 5 years in Australia, and the second fastest growing area in the Northern Territory2^
+ Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families^^^
+ Net Income: $477,620 pa* + GST (as at September 2024)
*Approx.
^ Gapmaps
2 Treasury.nt.gov.au
^^^ Australian Government Department of Education
Property ID: 504570588Last Updated: 19 Dec 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
McGees Property - DarwinLevel 1, 22 Harry Chan Avenue
DARWIN CITY, NT 0800
DARWIN CITY, NT 0800
Burgess Rawson - BrisbaneLevel 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000