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13-17 Hiawatha Road, Woongarrah, NSW, 2259

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13-17 Hiawatha Road, Woongarrah, NSW, 2259

Woongarrah

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13-17 Hiawatha Road, Woongarrah, NSW, 2259

Woongarrah

SOLD
13-17 Hiawatha Road, Woongarrah, NSW, 2259

13-17 Hiawatha Road, Woongarrah, NSW, 2259

Properties / Sold / New South Wales / Woongarrah
Tenanted Investment
Selling Method
EOI
Land Area
3,165 m² (*approx)
Property Type
Health/Medical
Sub-type
Child Care
Terms
20-year lease to Affinity Education Group until 28 May 2035
Est. Income
$350,000 p/a
Fully Leased
Affinity Education Group
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Part of Kids Academy Portfolio | 70 LDC childcare with strong covenant
  • 20-year lease + 5-year option
  • Tier 1 national childcare provider
  • 70 LDC places

Colliers is pleased to exclusively offer to market Kids Academy Woongarrah located at 13-17 Hiawatha Road, Woongarrah NSW, for sale.

This opportunity has the following key investment highlights:

- Site Area: 1,991sqm

- 20-year lease to Affinity Education Group until 28 May 2035

- Five-year option to 2040

- Guaranteed annual rent increase of 3.75% or CPI

- Net income of over $350,000

- Outgoings paid by the tenant

- Well maintained centre licensed for 70 LDC places

- Affinity Education Group: experienced operator with over 225 early education and childcare centres across the country

- Strategically located within NSW’s central coast region, an area experiencing significant growth and projected to increase by 1,819 0–4-year-olds and 332 5-year-olds by 2029.

- Proximity to Warnervale Public School, Porters Creek Public School, MacKillop Catholic College, Lake Haven Centre and major arterial roads connecting to the central coast region.

- Childcare/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.^

13-17 Hiawatha Road, Woongarrah is part of the Kids Academy Portfolio campaign, offered for sale.

Expressions of Interest can be made on individual properties, a combination of properties within the portfolio, or the entire portfolio in one line.

Please contact the exclusively appointed Colliers experts for more information.

Note: All figures are approximate, and financials are as at May 2024.

^Australian Government Department of Education

Remember to mention you found this property on CommercialReady

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Tenanted Investment
Tenanted Investment

Investment Summary

Property Type
Health/Medical
Sub-type
Child Care
Est. Income
$350,000 p/a
Tenant
Affinity Education Group
Terms
20-year lease to Affinity Education Group until 28 May 2035
Land Area
3,165 m² (*approx)
Selling Method
EOI
EOI Closing Date
2 May 2024 05:00PM

Investment Highlights

Part of Kids Academy Portfolio | 70 LDC childcare with strong covenant
  • 20-year lease + 5-year option
  • Tier 1 national childcare provider
  • 70 LDC places

Colliers is pleased to exclusively offer to market Kids Academy Woongarrah located at 13-17 Hiawatha Road, Woongarrah NSW, for sale.

This opportunity has the following key investment highlights:

- Site Area: 1,991sqm

- 20-year lease to Affinity Education Group until 28 May 2035

- Five-year option to 2040

- Guaranteed annual rent increase of 3.75% or CPI

- Net income of over $350,000

- Outgoings paid by the tenant

- Well maintained centre licensed for 70 LDC places

- Affinity Education Group: experienced operator with over 225 early education and childcare centres across the country

- Strategically located within NSW’s central coast region, an area experiencing significant growth and projected to increase by 1,819 0–4-year-olds and 332 5-year-olds by 2029.

- Proximity to Warnervale Public School, Porters Creek Public School, MacKillop Catholic College, Lake Haven Centre and major arterial roads connecting to the central coast region.

- Childcare/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.^

13-17 Hiawatha Road, Woongarrah is part of the Kids Academy Portfolio campaign, offered for sale.

Expressions of Interest can be made on individual properties, a combination of properties within the portfolio, or the entire portfolio in one line.

Please contact the exclusively appointed Colliers experts for more information.

Note: All figures are approximate, and financials are as at May 2024.

^Australian Government Department of Education

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Premium Investments Team
Premium Investments Team

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13-17 Hiawatha Road, Woongarrah, NSW, 2259

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Property Location of 13-17 Hiawatha Road, Woongarrah, NSW, 2259

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