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Cushman & Wakefield - Sydney

30 Naru Street Chinderah, NSW 2487

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30 Naru Street,
Chinderah, NSW 2487

Shops & Retail • Medical & Consulting • Showrooms & Large Format Retail

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Cushman & Wakefield - Sydney

Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
Cushman & Wakefield - Sydney
30 Naru Street
Chinderah, NSW 2487

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New 15 Year Lease to National Provider - NSW Fastest Growing Region

  • Modern centre newly built in 2015
  • Successful national operator 27+ centres
  • Minimum 3% annual rent increases
Cushman & Wakefield are pleased to present to the market 30 Naru Street, Chinderah (Tweed Coast) for sale via public Auction if not sold prior.

The property has the following key characteristics:

• New 15 year lease to 2034 + options to 2054
• Story House Early Learning - Highly successful national operator with 27+ centres and growing 
• Northern Rivers – NSW fastest growing region, 76,000 new residents forecast by 2036
• Well located centre off the Pacific Motorway M1 and encapsulating a large Tweed Coast catchment population of 293,000 including Casuarina, Tweed Heads, Kingscliff and Fingal
• Strategic location - 10 mins from Gold Coast Airport, 12 schools and major retail amenity within 5 minutes drive
• Modern centre built in 2015 offering significant depreciation benefits of up to $125,000* in the first year
• Strong performing 118 place centre with consistently high occupancy since inception
• Favourable net lease with the tenant responsible for all usual outgoings (NSW Childcare exempt from Land Tax)
• Minimum 3% annual rent increases
• Net Income $269,500 pa + GST

For Sale via Auction on Thursday 17 October if not sold prior.

For more information please contact the Exclusive agents at Cushman & Wakefield.

Property ID: 503306806Last Updated: 24 Nov 2019

Cushman & Wakefield - Sydney
Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
Cushman & Wakefield - Brisbane
Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
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