25 Forest Parkway Lake Cathie NSW 2445

Burgess Rawson is pleased to present 25 Forest Parkway, Lake Cathie NSW for sale via our Investment Portfolio Auction 158.

The property has the following investment highlights:

+ Brand new 10 year lease from November 2022 to 2032 + options to 2047
+ Oz Education: Established brand for over 40 years with 15+ centres throughout NSW
+ Impressive 90 place centre positioned on a commanding 4,000 sqm landholding
+ Inviting external play areas including weather station and market village
+ Huge residential development precinct with significant projects planned & underway nearby
+ Thriving coastal area growing at 3 times faster than State average
+ Easily managed single tenant investment, management fees are not recoverable, as per the lease
+ Fixed 3% increases with market review every 5 years and the greater of 3% or CPI reviews thereafter
+ Tenant pays outgoings, excluding land tax which is currently exempt for childcare properties in NSW, as per the lease
+ Bank guarantee: three (3) month's rent + plus outgoings and GST
+ Net Income $240,000 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21 February 2023
Yallamundi Rooms, Sydney Opera House

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

*approx.