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13 Court Street, MUDGEE, NSW, 2850

+9 Photos

+11 Photos

SOLD

13 Court Street, MUDGEE, NSW, 2850

Properties / Sold / New South Wales / Mudgee

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

1,644 m² (*approx)

Floor Area

456 m² (*approx)

Property Type

Retail, Child/Healthcare, Other

Sub-type

Child Care, Mixed Use

Terms

New 12 year net lease + opts to 2048

Fully Leased

Affinity Education

Show All

2. Property Highlights

Established Childcare Investment Leased to National Operator

New 12 year net lease + opts to 2048
National provider with 150+ centres
3% annual rent increases

+New 12 Year net lease to Affinity Education to 2033.

+Further options to 2048.

+Affinity Education: one of Australia’s largest early education providers with 150+ centres.

+Attractive 3% annual rent increases.

+Tenant pays all usual outgoings.

+Established child care centre with service approval for 63 LDC places.

+Land Tax exempt commercial investment.

+Ideally positioned within close proximity to two primary schools, and Mudgee’s town centre including Coles, Woolworths, Kmart and ALDI.

+Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.**

+Net Income $179,797pa + GST.

For Sale by Investment Portfolio Auction

10:30am (AEDT) Tuesday 29 March 2022

Sydney Opera House

**Mitchell Institute, Australian Investment in Education: Early Learning.

Remember to mention you found this property on CommercialReady.com.au