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