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5 Central Parade
Murwillumbah NSW 2484
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Sold on 30 Sep 2021

5 Central Parade Murwillumbah NSW 2484

  • Medical / Consulting
  • 1 m²
  • Sold

Impressive Childcare Investment | 15 Year Triple Net Lease to 2030

    + 15 year triple net lease to Petit Early Learning Journey to 2030
    + Two further 5 year options to 2040
    + Petit Early Learning Journey: highly experienced and successful early education provider with 17 centres across the eastern seaboard
    + Minimum 2.5% annual rent increases plus ratchet provisions at market review, ensuring rental growth.
    + Tenant pays 100% of outgoings including: all maintenance (both capital and structural), rates, insurance and management fees
    + Purpose-built 715 sqm child care facility, licensed for 110 LDC places
    + Land Tax exempt commercial investment
    + Large 3,269sqm site with triple street frontage
    + Murwillumbah: sough-after location on the Tweed River only 16km from Cabarita Beach, Casuarina and Kingscliff
    + Northern Rivers Region: Home to 307,047 people, supporting 107,411 jobs, and with an annual economic output of $32.683 billion.
    + Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
    + Net Income: $263,067 pa + GST

    For Sale by Investment Portfolio Auction
    11am (AEST) Thursday 30 September 2021

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

    AUCTION

    Auction date and time30/09/2021 11:00
    Auction location5 Central Parade, Murwillumbah NSW

    Property Highlights

    Date Sold30 Sep 2021
    Floor Area1 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2017213840
    Category
    Last updated  6 Oct 2021
    Map for 5 Central Parade Murwillumbah NSW 2484

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    Property Highlights

    Date Sold30 Sep 2021
    Floor Area1 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2017213840
    Category
    Last updated  6 Oct 2021

    Co-Agents

    Adam Thomas
    Burgess Rawson VIC Pty Ltd
    Call
    0418 998 971
    Natalie Couper
    Burgess Rawson VIC Pty Ltd
    Call
    0413 856 983

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