93 Cabramatta Road, MOSMAN, NSW, 2088

Burgess Rawson is pleased to offer to the market Goodstart Early Learning at 93 Cabramatta Road, Mosman NSW for sale via our Investment Portfolio Auction 160.

This generational investment opportunity has the following key investment highlights:

+ Secure 20 year triple net lease to Goodstart Early Learning to 2041

+ Two further 10 year options to 2061

+ Goodstart Early Learning: Australia’s largest early education provider with 664 centres nationally

+ Fixed 3% annual rent increases plus ‘ratchet provisions’ at quarter term market reviews, ensuring rent cannot reduce

+ Tenant pays 100% of outgoings including: all maintenance (capex & structural), rates, insurances and management fees

+ Well-maintained and proven child care centre licenced for 39 LDC places – tenant in occupation since 2010

+ Significant land rich 697sqm* Mosman landholding fronting Cabramatta Road and metres from Military Road, with 51,400+ passing vehicles daily

+ Favourable R3 Medium Density Residential Zoning with attractive dual street frontages

+ Land tax free commercial investment

+ Situated amongst significant educational precinct – 13 schools within 2 kilometre radius

+ Conveniently located within metres of Sydney’s most prestigious and bustling retail precincts situated along Military Road, including the Coles-anchored Big Bear Shopping Centre, and the ALDI-anchored Bridgepoint Shopping Centre

+ Mosman: highly desirable and affluent Lower North Shore Sydney suburb, with a median house price of $4.9 million

+ 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 2021-22, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year**

+ Net Income: $121,434* pa + GST (* as at July 2023)

For Sale by Investment Portfolio Auction

10:30am AEST Tuesday 9 May 2023

Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson childcare team for more information.

*Approx.

**Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).

Remember to mention you found this property on CommercialReady