Young Academics, 10 Osborne Street Dapto NSW 2530

Stonebridge is pleased to present Young Academics Dapto (Wollongong) for sale via Expressions of Interest closing on Thursday 10 July at 3pm.

The asset has the following key investment features:

- Secure 15 year net lease to 2040, plus options to 2060, with secure income growth via fixed 3% annual increases

- Young Academics Dominant, premium NSW childcare operator with expanding network of 59+ centres

- Substantial landholding improved by a purpose built centre licensed for 86 places with secure basement carparking

- Central location off major arterial Princess Highway with 129,000+ residents within a 15min drive time and 7 schools in a 2km radius

- Ideally positioned childcare 300m from major primary school (591+ students) & Dapto Mall, hosting Coles, Woolworths & more

- Favourable net lease structure Tenant pays all usual outgoings including Rates, Insurance and General Repairs & Maintenance

- Set to reap the benefits of the West Dapto urban release area, a master planned residential and commercial development

- Dapto (Wollongong) Fastest growing residential area in NSW outside of Sydney positioned within the Wollongong LGA, the economic and administrative heart of the Illawarra region.

- Attractive Land Tax free commercial investment

- Net Income $412,800 pa* + GST

Young Academics Dapto (Wollongong) is for sale via Expressions of Interest closing on Thursday 10 July at 3pm

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

*Approximately

Property Code: 1333