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Little Miracles, 23-25 Michaela Road
Terrigal NSW 2260
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Stonebridge Property Group

Little Miracles, 23-25 Michaela Road Terrigal NSW 2260

  • Medical / Consulting
  • 508 m²
  • For Sale, Contact the Stonebridge Team

Strong Trading Childcare Investment - Secure 15 Year Net Lease

  • Proven Tenant - High Occupancy
  • Outstanding Lease Structure
  • Prime 1,584 sqm Landholding

Stonebridge is pleased to present to the market Little Miracles Terrigal for sale via National Portfolio Auction to be held on Wednesday 6 March at 11am (AEDT)

The asset has the following key investment features:

- Secure 15 year net lease to 2034 + options to 2054 with fixed 2.5% annual rent increases

- Little Miracles Established multi-site operator, with decorated 20+ year track record and 5 facilities across the Central Coast

- Well-configured 1,584 sqm* site, improved by premium 60 place childcare facility set across multiple buildings, plus state-of-the-art playscape

- Ideal childcare location 1 km* from the largest primary school in the catchment, 'Our Lady Star of the Sea' (538+ students), with 5 further schools in a 3 km* radius

- Exceptional access with 53 metres of street frontage, set off key arterial Terrigal Drive and offering 13 car parks, plus convenient dual crossover driveways

- Terrigal Popular Central Coast suburb 90 minutes from Sydney, median house price of $1.5 million

- Central Coast Identified as a key 'Urban Development Area', benefiting from $1 Bn* tourism sector and strong population growth of 19% to 415,355+ by 2036

- Net Lease - tenant pays all usual outgoings including Rates, Insurance and general Repairs & Maintenance

- Attractive land tax free commercial investment

- Lease secured by 3 month Bond & Personal Guarantee

- Net Income $165,572 pa* + GST

*Approximate

The Investment is for sale via National Portfolio Auction to be held on Wednesday 6 March at 11am (AEDT)

Please contact the exclusively appointed Stonebridge property professionals for more information.

Property Code: 847

Property Highlights

Floor Area508 m²
Land Area1,584 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019034570
Category
Last updated  8 Feb 2024
Map for Little Miracles, 23-25 Michaela Road Terrigal NSW 2260

Nearest transport* to Little Miracles, 23-25 Michaela Road Terrigal NSW 2260

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Property Highlights

Floor Area508 m²
Land Area1,584 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019034570
Category
Last updated  8 Feb 2024

Co-Agents

Tom Moreland
Tom Moreland
Stonebridge Property Group
Call
+61 408 072 822
Michael Collins
Michael Collins
Stonebridge Property Group
Call
+61 404 023 204
Brett O'Neill
Brett O'Neill
Stonebridge Property Group
Call
0403 511 070
Thomas Proberts
Thomas Proberts
Stonebridge Property Group
Call
+61 439 588 019

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