38-40 Lumsdaine Street, Picton, NSW, 2571

Ray White Commercial (RWC) and Stonebridge Property Group are pleased to present to market 'Leaping Learners Picton (Sydney),' a brand new, state-of-the-art childcare facility. This asset, set across a substantial 2,782 sqm* corner site directly opposite a major primary school is offered for sale by Expressions of Interest closing Thursday, 17 October at 3pm (AEDT).

The asset is underpinned by a brand new 10 year net lease to 2034, with options to 2054 and leased to Leaping Learners, an award winning operator with a 15+ year track record and a rapidly expanding network of 6+ centres.

The investment delivers income growth with favourable annual increases, a net lease structure and excellent depreciation benefits. Positioned in the Macarthur region of south-west Sydney, Picton occupies a key growth corridor, with significant private and public capital inflows set to benefit from the strong population growth projections.

Highlights of the asset include:

• Large 2,782 sqm* corner site directly opposite primary school

• Brand new facility, yielding huge depreciation benefits

• Net Income $319,500 pa* + GST

• 10 year lease to 2034 + options to 2054 with market leading increases

• Tenanted by Leaping Learners - award winning multi-site operator with 15+ year track record and growing network of 6+ centres

• Located directly opposite Picton Public School (315+ students)

• Situated less than 1km* to Town Centre, Coles Anchored Shopping Centre, Picton Train Station and other amenities

'Leaping Learners Picton (Sydney)' is offered for sale via Expressions of Interest closing on Thursday 17 October at 3pm (AEDT).

For further information including a copy of the information memorandum, please contact the selling team.

Remember to mention you found this property on CommercialReady