Sold
Young Academics Box Hill (Sydney)
186 Old Pitt Town Road, Box Hill (Sydney) NSW
Stonebridge is pleased to present Young Academics Box Hill (Sydney) for sale via Expressions of Interest closing Thursday 5 September at 3pm (AEST).
The asset has the following key investment features:
- Brand new 15 year net lease to 2038 plus options to 2058, with rare fixed 5% for first 4 years & fixed 3% thereafter
- Young Academics – Established premium NSW childcare operator with expanding network of 43+ centres and estimated revenue of $100+ million
- High occupancy childcare facility trading at circa 100% occupancy, set on high profile 2,303 sqm* corner site licensed for 120 LDC places, with brand new improvements (built 2023) offering excellent depreciation benefits
- Ideal childcare location only 950m* from brand new primary school (open 2025), plus 17 schools within a 3km radius
- Convenient & accessible position with 93m* dual street frontage to key arterial Old Pitt Town Road and less then 2km* from Windsor Road (50,434+ vehicles daily), plus 38 secure basement car parks
- Box Hill – Major contributor to North West priority growth area and set to receive 90,000+ homes, driven by Stockland, Landcom & Mirvac master planned developments, including new town centre, three shopping centres, new schools and key employment hubs
- Net lease – Tenant responsible for all outgoings including management fees, rates and general repairs and maintenance, plus 3 month Bank Guarantee
- Attractive Land Tax free commercial investment
- Net Income $606,690 pa* + GST
*Approximately
Young Academics Box Hill (Sydney) is for sale via Expressions of Interest closing Thursday 5 September at 3pm (AEST).
Please contact the exclusively appointed Stonebridge property professionals for more information.