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4R Wellington Road, DUBBO, NSW, 2830
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4R Wellington Road, DUBBO, NSW, 2830

2. Property Highlights

Childcare Investment Lease to National Provider | 20 Year Net Lease to 2036
  • 20 Year Net Lease + option to 2046
  • Min 3% annual rent increases
  • High profile 4,114 sqm site

+ Secure 20 year net lease to Imagine to 2036

+ One further 10 year option to 2046

+ Imagine Childcare & Kindergarten: long established and highly successful early education provider with 21 centres nationally

+ Minimum 3% annual rent increases, plus ‘ratchet provisions’ at market review, guaranteeing rental growth

+ Tenant pays 100% of outgoings including management fees

+ As new purpose-built child care facility, licensed for 124 LDC places

+ High profile 4,114 sqm corner site with 31 car spaces

+ Situated within complementary educational precinct and only 800 metres from two primary schools

+ Strategic position fronting the Mitchell Highway and metres from McDonald’s, Bunnings, KFC, Anytime Fitness and Pet Barn

+ Land Tax exempt commercial investment

+ Dubbo: major service centre of the Orana Region with a retail catchment population in excess of 120,000 residents

+ 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: $429,023 pa + GST and Outgoings

For Sale by Investment Portfolio Auction

11am (AEDT) Tuesday 9 November 2021

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

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

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Adam Thomas
Adam Thomas
+61 *** *** *** show +61 418 998 971
Natalie Couper
Natalie Couper
+61 *** *** *** show +61 413 856 983
Michael Vanstone
Michael Vanstone
+61 *** *** *** show +61 403 580 528

3. Property Location

4R Wellington Road, DUBBO, NSW, 2830

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