59 Sovereign Drive, PORT MACQUARIE, NSW, 2444

High Performing Childcare Investment in Booming Northern NSW Location

+ Brand new 20 year lease to Smartland Boutique Early Learning to 2042 plus options to 2057

+ Strong performing centre with high occupancy rates and an extensive waitlist

+ Tenant pays all outgoings including land tax

+ Fixed annual 3% rent increases guaranteeing rental growth

+ Smartland Early Learning: experience multi-site operator with five sites throughout Southeast Queensland and Northern New South Wales all trading above 90% occupancy

+ Large 2,552sqm triple street frontage landholding within the Sovereign Hills Master Planned Community

+ Modern centre constructed in 2020 offering outstanding deprecation benefits

+ Purpose-built 104 place childcare centre exceeding the Australia Children’s Education & Care Quality Authority national quality standards

+ Sovereign Hills Master Planned Community: situated midway between Port Macquarie & Wauchope, complete with schooling, parks and amenity for 2,400 residential lots

+ Port Macquarie: population is forecast to grow by 26.43% to 112,484 by 2041

+ Net Income: $331,000 pa* + GST

For Sale by Auction

10.30am (AEST) Tuesday 21 June 2022

Yallamundi Rooms, Sydney Opera House

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