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Burgess Rawson Consultants

108 Parraweena Road Miranda, NSW 2228

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108 Parraweena Road,
Miranda, NSW 2228

Medical & Consulting • Shops & Retail • Offices

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$901,839
Number of Tenants
3 Tenants

Private inspections

to arrange a private inspection.
Burgess Rawson Consultants
Dean Venturato

Burgess Rawson Consultants

National Office | Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
Burgess Rawson Consultants
108 Parraweena Road
Miranda, NSW 2228

Map of 108 Parraweena Road

Directions
  • Train stations within 5 km of 108 Parraweena Road, Miranda, NSW 2228Distance
    Caringbah Station1.6 km
    Miranda Station1.8 km
    Gymea Station3.1 km
    Woolooware Station3.3 km
    Kirrawee Station4.4 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 108 Parraweena Road, Miranda, NSW 2228Distance
    Parraweena Rd Opp Shirley Rd98 m
    Parraweena Rd at Shirley Rd139 m
    Taren Point Rd Before Parraweena Rd229 m
    Taren Point Rd Before Kumulla Rd307 m
    Endeavour Sports High School, Access Rd, the Boulevarde321 m
    POWERED BY HERE ©
POWERED BY HERE ©

Premium Childcare Anchored Sydney Investment | Long 15 Year Net Lease To Leading National Childcare Operator

  • Long 7.3 year WALE
  • Attractive Rent Reviews Up to 4%
  • Three Lvl 1802sqm NLA Freehold Building
Burgess Rawson is pleased to present this premium freestanding three-level commercial investment at 108 Parraweena Road, Miranda NSW. This modern building is anchored by a leading national childcare operator, Story House Early Learning and is available for sale via Expressions of Interest.

Key Investment Highlights:

+ Anchored by 15-year net lease to 2034 plus options to Story House Early Learning: leading national childcare provider with 55+ centres
+ Fixed annual rent reviews up to 4%, compounding for long term growth
+ Easily managed modern freehold investment with recovery of outgoings as per the leases, including rates, lift maintenance, insurance and general repairs & maintenance
+ Long 7.3 year WALE
+ Three-level freestanding 1,802* sqm (NLA) commercial building plus underground parking for 55 cars
+ Strategically positioned within Miranda/Taren Point large format precinct opposite Ritchie's IGA; near Tesla, BMW, Bunnings, BCF, Beacon Lighting, Harvey Norman and Westfield
+ Thriving education hub: just 650m* from Endeavour Sports High School, with 21 schools & 10,200+ pupils within a 3km catchment
+ Miranda: High-growth suburb projected to expand 14.53% by 2036
+ Net Income: $901,839 pa* + GST (as at Dec 2024)

Early Childhood Education: An Essential Service and Government-Supported Asset Class:
In 2023-2024, the Federal Government contributed over $11.6 billion in funding for early childhood education, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in 2023. This reform aims to make early education and care more affordable for around 1.3 million families nationwide.^^

For Sale by Expressions of Interest
Closing 4pm AEDT Thursday 21 November 2024

Contact Burgess Rawson's exclusive childcare sales team today for more information on this anchored childcare investment.

*Approx
^^ Australian Government Productivity Commission website

Property ID: 504705580Last Updated: 4 Dec 2024

Burgess Rawson Consultants
National Office | Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

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