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DESCRIPTION:Landmark Sydney Childcare | Brand New 10 Year Net Lease to 2036
  | 600m* to Westfield Long Term Lease to National Operator\nCBRE is please
 d to present this rare Sydney childcare\, located at 17 Vine Street\, Hurs
 tville (Sydney) NSW\, to the market for sale by auction as part of our Inv
 estment Portfolio Auction 187.\n\nThe property has the following key highl
 ights:\n\n+ Brand new 10 year net lease to 2036 plus two (2) further ten (
 10) year options to 2056\n+ Leased to Montessori Academy\, Australia's lar
 gest privately owned childcare operator\, 90+ centres nationally\n+ Attrac
 tive net lease: tenant pays 100% of usual outgoings including council rate
 s\, water rates and insurance\n+ Land tax-free commercial investment (NSW 
 childcare centres are exempt from land tax)\n+ Compounding fixed 3% increa
 ses and attractive market review every five years ensuring long term renta
 l growth.\n+ Ideally located in an education rich catchment boasting 37 sc
 hools with 20\,900* enrolments¹\n+ Boutique purpose-built 45 LDC facility
  with high quality fit-out on high value 873sqm* landholding\n+ Prime posi
 tion 600m* to Westfield Hurstville & train station\, moments to King Georg
 es Road & Princes Highway and surrounding national retailers\n+ Hurstville
 : highly sought-after inner-city Sydney suburb only 15km* to Sydney CBD wi
 th a median house price 62% higher than the state average²\n+ Net Rent: $
 270\,000 pa + GST\n\nTo be sold by auction\, as part of Investment Portfol
 io Auction 187\n10:30am AEST Tuesday\, 15 September 2026\nYallamundi Rooms
 \, Sydney Opera House\n\nPlease contact the exclusively appointed sales te
 am for more information.\n\n*Approx\n\n1 Gapmaps\n2 realestate.com
DTEND:20260915T113000
DTSTAMP:20260820T040926Z
DTSTART:20260915T103000
LOCATION:Yallamundi Rooms\, Sydney Opera House
SEQUENCE:0
SUMMARY:Auction: 17 Vine Street\, Hurstville NSW
UID:CRE-2021087585-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Landmark Sydney Childcare | Brand New
  10 Year Net Lease to 2036 | 600m* to Westfield Long Term Lease to Nationa
 l Operator <br/> CBRE is pleased to present this rare Sydney childcare\, l
 ocated at 17 Vine Street\, Hurstville (Sydney) NSW\, to the market for sal
 e by auction as part of our Investment Portfolio Auction 187. <br/>  <br/>
  The property has the following key highlights: <br/>  <br/> + Brand new 1
 0 year net lease to 2036 plus two (2) further ten (10) year options to 205
 6 <br/> + Leased to Montessori Academy\, Australia's largest privately own
 ed childcare operator\, 90+ centres nationally <br/> + Attractive net leas
 e: tenant pays 100% of usual outgoings including council rates\, water rat
 es and insurance <br/> + Land tax-free commercial investment (NSW childcar
 e centres are exempt from land tax) <br/> + Compounding fixed 3% increases
  and attractive market review every five years ensuring long term rental g
 rowth. <br/> + Ideally located in an education rich catchment boasting 37 
 schools with 20\,900* enrolments¹ <br/> + Boutique purpose-built 45 LDC f
 acility with high quality fit-out on high value 873sqm* landholding <br/> 
 + Prime position 600m* to Westfield Hurstville & train station\, moments t
 o King Georges Road & Princes Highway and surrounding national retailers <
 br/> + Hurstville: highly sought-after inner-city Sydney suburb only 15km*
  to Sydney CBD with a median house price 62% higher than the state average
 ² <br/> + Net Rent: $270\,000 pa + GST <br/>  <br/> To be sold by auction
 \, as part of Investment Portfolio Auction 187 <br/> 10:30am AEST Tuesday\
 , 15 September 2026 <br/> Yallamundi Rooms\, Sydney Opera House <br/>  <br
 /> Please contact the exclusively appointed sales team for more informatio
 n. <br/>  <br/> *Approx <br/>  <br/> 1 Gapmaps <br/> 2 realestate.com</P><
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