Stonebridge National Investment Sales is pleased to present ‘Imagine Childcare Grafton’ for sale via Immediate Offers to Purchase.
The asset boasts the following key investment features:
- Brand new 20 year net lease to 2042 + options to 2052 with market leading annual rent increases, being the greater of CPI or 3%
- Imagine Childcare – Longstanding, nationally recognised childcare operator across 24+ centres and boasting exceptional 90% portfolio occupancy
- Trading at 100% occupancy as a result of its strategic position, only 750 metres* to South Grafton Primary School (571+ students), plus 5 further schools within 2.5 km*
- Striking 88 LDC place childcare centre atop an elevated 2,214 sqm* site with 25 car parks
- State-of-the-art improvements completed in 2022, featuring premium finishes and sprawling playscape, offering excellent depreciation benefits
- Prime position, 3 minutes* to $240 million ‘New Grafton Bridge’ roundabout and South Grafton town centre, home to Bunnings, Coles, McDonald’s, Hungry Jack’s, BCF, Supercheap Auto and the Grafton Train Station
- Grafton – Key city in the NSW Northern Rivers region and major contributor to its thriving $17.3 billion economy, over $1.35 billion* in publicly funded projects underway
- Tenant pays all usual outgoings including Rates, Insurance, Management Fees and general Repairs & Maintenance
- Lease secured by Bank Guarantee equivalent to 6 months’ rent + GST
- Attractive Land Tax free commercial investment
- Net Income $321,200 pa* + GST
‘Imagine Childcare Grafton’ is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.