25 Forest Parkway,
Lake Cathie, NSW 2445
Medical & Consulting • Offices • Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
25 Forest Parkway
Lake Cathie, NSW 2445
Map of 25 Forest Parkway
Childcare Investment In Coastal Hotspot
- Huge residential development precinct
- Brand New 10 Yr Lease to 2032 + Options
- Net Income $240,000 pa* + GST
Burgess Rawson is pleased to present 25 Forest Parkway, Lake Cathie NSW for sale via our Investment Portfolio Auction 158.
The property has the following investment highlights:
+ Brand new 10 year lease from November 2022 to 2032 + options to 2047
+ Oz Education: Established brand for over 40 years with 15+ centres throughout NSW
+ Impressive 90 place centre positioned on a commanding 4,000 sqm landholding
+ Inviting external play areas including weather station and market village
+ Huge residential development precinct with significant projects planned & underway nearby
+ Thriving coastal area growing at 3 times faster than State average
+ Easily managed single tenant investment, management fees are not recoverable, as per the lease
+ Fixed 3% increases with market review every 5 years and the greater of 3% or CPI reviews thereafter
+ Tenant pays outgoings, excluding land tax which is currently exempt for childcare properties in NSW, as per the lease
+ Bank guarantee: three (3) month’s rent + plus outgoings and GST
+ Net Income $240,000 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21 February 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
The property has the following investment highlights:
+ Brand new 10 year lease from November 2022 to 2032 + options to 2047
+ Oz Education: Established brand for over 40 years with 15+ centres throughout NSW
+ Impressive 90 place centre positioned on a commanding 4,000 sqm landholding
+ Inviting external play areas including weather station and market village
+ Huge residential development precinct with significant projects planned & underway nearby
+ Thriving coastal area growing at 3 times faster than State average
+ Easily managed single tenant investment, management fees are not recoverable, as per the lease
+ Fixed 3% increases with market review every 5 years and the greater of 3% or CPI reviews thereafter
+ Tenant pays outgoings, excluding land tax which is currently exempt for childcare properties in NSW, as per the lease
+ Bank guarantee: three (3) month’s rent + plus outgoings and GST
+ Net Income $240,000 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21 February 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
Property ID: 504202816Last Updated: 7 Feb 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Sydney
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Healius, 14 Highfields Circuit,Port Macquarie, NSW 2444 1084 m²Medical & Consulting • Shops & Retail • Other
Contact Agent
59 Sovereign Drive,Port Macquarie, NSW 2444 691 m²Medical & Consulting • Shops & Retail • Other
Contact Agent
107 William Street,Port Macquarie, NSW 2444 1 m²Offices • Medical & Consulting • Shops & Retail