Saltwater Preschool, 30 Queens Parade Newport NSW 2106

Stonebridge is pleased to present Saltwater Preschool Newport (Sydney) for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

- Brand new, market leading 20 year triple net lease to 2045, with options to 2065, plus greater of 3% or CPI annual rent increase

- Saltwater Preschool - Dominant, ultra-premium Northern Beaches childcare provider with high portfolio occupancy and a substantial waitlist, providing 66% of all LDC places in the catchment

- Irreplaceable 2,382 sqm* landholding with improvements set across multiple levels, showcasing ultra-premium finishes including Hawaiian-inspired plantation style architecture, wrap-around outdoor playscape, secure basement car park and designated staff level complete with pilates studio

- Remarkable Northern Beaches childcare centre newly completed in 2025, available below replacement cost and offering maximum depreciation benefits

- Ideal childcare location directly opposite Newport Primary School (599+ students) and set off major arterial Barrenjoey Road (39,800+ vehicles daily)

- Lucrative position servicing under-supplied catchment with more than 8 children for each available LDC place, representing the largest centre on the peninsular and newest centre in 40+ years

- Saltwater Preschool Newport holds a monopoly over the suburb, representing the only childcare on the Northern Beaches peninsular licensed for children aged 0-2 years old

- Newport Exclusive Northern Beaches locale neighbouring Palm, Avalon & Whale Beach, hosting $2.6M median house price & household income 42%* above national average

- Triple Net Lease Tenant pays all Outgoings including Management Fees, Rates and Structural Repairs & Maintenance

- Unique mid-term market review to capture further income growth, supported by rent ratchet clause

- Outstanding lease security via Personal Guarantees & Bank Guarantee equivalent to 6 months' Rent & Outgoings + GST

- Net income $700,000 pa* + GST

Saltwater Preschool Newport (Sydney) is for sale via Immediate Offers to Purchase.

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

*Approximately

Property Code: 1313