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Sold on 9 Nov 2021

4R Wellington Road Dubbo NSW 2830

  • Medical / Consulting
  • 1 m²
  • Sold

Childcare Investment Lease to National Provider | 20 Year Net Lease to 2036

    + Secure 20 year net lease to Imagine to 2036
    + One further 10 year option to 2046
    + Imagine Childcare & Kindergarten: long established and highly successful early education provider with 21 centres nationally
    + Minimum 3% annual rent increases, plus 'ratchet provisions' at market review, guaranteeing rental growth
    + Tenant pays 100% of outgoings including management fees
    + As new purpose-built child care facility, licensed for 124 LDC places
    + High profile 4,114 sqm corner site with 31 car spaces
    + Situated within complementary educational precinct and only 800 metres from two primary schools
    + Strategic position fronting the Mitchell Highway and metres from McDonald's, Bunnings, KFC, Anytime Fitness and Pet Barn
    + Land Tax exempt commercial investment
    + Dubbo: major service centre of the Orana Region with a retail catchment population in excess of 120,000 residents
    + Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
    + Net Income: $429,023 pa + GST and Outgoings

    For Sale by Investment Portfolio Auction
    11am (AEDT) Tuesday 9 November 2021

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

    AUCTION

    Auction date and time09/11/2021 11:00
    Auction location4r Wellington Road, Dubbo NSW
    Natalie Couper
    Burgess Rawson & Associates
    Natalie Couper
    Burgess Rawson & Associates
    Adam Thomas
    Burgess Rawson & Associates
    Adam Thomas
    Burgess Rawson & Associates
    Michael Vanstone
    Burgess Rawson Sydney
    Michael Vanstone
    Burgess Rawson Sydney

    Property Highlights

    Property ID2017302070
    Date Sold9 Nov 2021
    Floor Area1 m²
    Land Area4,114 m²
    ParkingAsk Agent
    Category
    Last updated  6 Oct 2021
    Map for 4R Wellington Road Dubbo NSW 2830
    Map for 4R Wellington Road Dubbo NSW 28304R Wellington Road Dubbo NSW 2830
    Natalie Couper
    Burgess Rawson & Associates
    Natalie Couper
    Burgess Rawson & Associates
    Adam Thomas
    Burgess Rawson & Associates
    Adam Thomas
    Burgess Rawson & Associates
    Michael Vanstone
    Burgess Rawson Sydney
    Michael Vanstone
    Burgess Rawson Sydney

    Property Highlights

    Property ID2017302070
    Date Sold9 Nov 2021
    Floor Area1 m²
    Land Area4,114 m²
    ParkingAsk Agent
    Category
    Last updated  6 Oct 2021
    Burgess Rawson & Associates
    Level 7, 140 Bourke Street Melbourne VIC 3000
    Natalie Couper
    Burgess Rawson & Associates
    Natalie Couper
    Burgess Rawson & Associates
    Adam Thomas
    Burgess Rawson & Associates
    Adam Thomas
    Burgess Rawson & Associates
    Michael Vanstone
    Burgess Rawson Sydney
    Michael Vanstone
    Burgess Rawson Sydney
    Natalie Couper

    Natalie Couper

    Burgess Rawson & Associates

    Adam Thomas

    Adam Thomas

    Burgess Rawson & Associates

    Michael Vanstone

    Michael Vanstone

    Burgess Rawson Sydney

    0413 *** ***
    0413 856 983

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