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2 Binni Creek Rd
Cowra NSW 2794
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Sold on 24 May 2022

2 Binni Creek Rd Cowra NSW 2794

  • Medical / Consulting
  • 1 m²
  • Sold

High Occupancy Childcare Investment | Leased to Australia's Largest Provider

    +10 year net Lease to Goodstart Early Learning to 2030.
    +One ten further year option to 2040.
    +Goodstart Early Learning: Australia's largest early education provider with 664 centres nationally.
    +Tenant pays all outgoings.
    +Annual rent increases to the greater of CPI or 1.5%.
    +Well-maintained centre, licensed for 90 LDC places.
    +Long established centre with high occupancy.
    +Land Tax exempt commercial investment.
    +Substantial 3,638 sqm site with dual-street-frontage, positioned within an established residential precinct.
    +Ideally positioned opposite Holman Place Public School and within close proximity to three other schools, and Cowra's town centre including Coles, Woolworths, ALDI and Bunnings.
    +Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year*.
    +Net Income: $168,652 + GST.

    For Sale by Investment Portfolio Auction
    10:30am (AEDT) Tuesday 10 May 2022
    Sydney Opera House

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

    AUCTION

    Auction date and time10/05/2022 10:30
    Auction locationYallamundi Rooms, Sydney Opera House

    Property Highlights

    Date Sold24 May 2022
    Floor Area1 m²
    Land Area3,638 m²
    ParkingAsk Agent
    Property ID2017739108
    Category
    Last updated  12 May 2022
    Map for 2 Binni Creek Rd Cowra NSW 2794

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    Property Highlights

    Date Sold24 May 2022
    Floor Area1 m²
    Land Area3,638 m²
    ParkingAsk Agent
    Property ID2017739108
    Category
    Last updated  12 May 2022
    Level 20, 150 Lonsdale Street Melbourne VIC 3000

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