Pictured above: Goodstart Early Learning Centre, 93 Cabramatta Road, Mosman
Burgess Rawson is thrilled to announce a rare and exceptional investment opportunity for sale via their Investment Portfolio Auction 160. The Goodstart Early Learning Centre at 93 Cabramatta Road, Mosman NSW presents a highly desirable investment opportunity in one of Sydney's most prestigious suburbs.
With a secure 20-year triple net lease to Australia’s largest early education provider, Goodstart Early Learning, this generational investment opportunity offers a reliable income stream with fixed 3% annual rent increases and ‘ratchet provisions’ at quarter-term market reviews, ensuring rent cannot reduce. The tenant pays 100% of outgoings including all capex and structural repair and maintenance, making this a true set-and-forget investment.
"This is an extremely rare investment offering within a blue-ribbon tightly held location where few properties are listed to the open market. It delivers a quintessential investment opportunity underpinned by a long-term landlord-friendly net lease to a secure national tenant, land tax-exempt landholding due to its current use as a childcare centre in one of Sydney’s most sought-after suburbs. Additionally, the property is conveniently situated within metres of Sydney’s prized and bustling retail precincts and is amongst a significant educational precinct, with 13 schools within a 2-kilometre radius,” said Burgess Rawson's Head of Agency NSW, Yosh Mendis.
The property is situated on a significant land rich 697 sqm Mosman landholding, fronting Cabramatta Road and metres from Military Road, with 51,400+ passing vehicles daily. The favourable R3 Medium Density Residential Zoning makes this an even more attractive investment.
"The property is located in an affluent Lower North Shore suburb which has a median house price of $4.9 million. Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In 2022, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year," said Burgess Rawson childcare specialist Natalie Couper.
Burgess Rawson childcare specialist, Michael Vanstone, said, “Early learning centres have continued to be one of the most sought-after defensive asset classes, experiencing exponential growth and escalating demand from investors over the past five years.”
This rare and highly desirable investment opportunity offers a net income of $121,434 pa + GST and will be sold by Investment Portfolio Auction at 10:30 am AEST Tuesday 9 May 2023 at Yallamundi Rooms of the Sydney Opera House.
For further information on this opportunity, please contact the selling team; Yosh Mendis, Natalie Couper and Michael Vanstone.
