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7 Bronzewing Street
Tahmoor NSW 2573
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Sold on 30 Nov 2023

7 Bronzewing Street Tahmoor NSW 2573

  • Medical / Consulting
  • 1 m²
  • Sold

High Performing Childcare In High Growth Area - Unique Annual Rent Reviews with Significant Upside

    Burgess Rawson is pleased to offer 7 Bronzewing Street, Tahmoor NSW to the market for sale via our Investment Portfolio Auction 165.

    The property has the following key investment highlights:

    + 10 year net lease to 2029 plus options extending to 2049
    + Unique rent review structure - greater of 3.5% pa. or 12% of annual turnover with lease provision to ensure rent cannot reduce
    + Modern strong performing 152 licensed LDC centre adjoining Tahmoor Public School and new Swim School
    + Neighbouring McDonald's, BP & El Jannah & proposed new large format retail, medical & tyre/auto
    + Significant 5,138sqm landholding with direct access to surrounding new proposed development.
    + Net lease, tenant pays all outgoings inc land tax, management & repairs & maintenance
    + Land Tax free commercial investment
    + Modern 2019 construction providing excellent depreciation benefits
    + Wollondilly Shire: set to soar in population by 74% by 2041^
    + Child Care/Early Education is an essential service and one of Australia's most sought-after asset classes. Both the Federal and State Governments have allocated unprecedented funding to support this sector. In 2022-2023, the Federal Government is projected to contribute $10.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform. ^
    + Net Income: $402,755 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30 am AEST Tuesday 5 December 2023
    Sydney Opera House

    Please contact the exclusively appointed sales team for more information.

    *Approx.
    ^Forecast.id

    AUCTION

    Auction date and time05/12/2023 10:30
    Auction locationYallamundi Rooms, Sydney Opera House

    Property Highlights

    Date Sold30 Nov 2023
    Floor Area1 m²
    Land Area5,138 m²
    ParkingAsk Agent
    Property ID2018887920
    Category
    Last updated  7 Dec 2023
    Map for 7 Bronzewing Street Tahmoor NSW 2573

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    Property Highlights

    Date Sold30 Nov 2023
    Floor Area1 m²
    Land Area5,138 m²
    ParkingAsk Agent
    Property ID2018887920
    Category
    Last updated  7 Dec 2023

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188

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