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CBRE - Western Sydney

152-154 Waterworth Drive & 2 O'Dea Road Mount Annan, NSW 2567

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152-154 Waterworth Drive & 2 O'Dea Road,
Mount Annan, NSW 2567

Shops & Retail • Other

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CBRE - Western Sydney
Lord Darkoh
Andrew Sukkar
Alex Mirzaian

CBRE - Western Sydney

Level 4 10-14 Smith Street
PARRAMATTA, NSW 2150
CBRE - Western Sydney
152-154 Waterworth Drive & 2 O'Dea Road
Mount Annan, NSW 2567

Map of 152-154 Waterworth Drive & 2 O'Dea Road

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TENANTED CHILDCARE INVESTMENT | 156 PLACES

  • Dual Street Frontage
  • Returning $291,000 p.a + GST
  • Situated on 4,447sqm* footprint
CBRE are pleased to present the opportunity to purchase (152-154) Waterworth Drive & 2 (O’Dea Road), Mount Annan, a prominent childcare centre in one of the fastest growing regions in Australia. The site is currently leased to an ASX listed provider G8, a well-known childcare provider who operate over 470 childcares in Australia.

(152-154) Waterworth Drive & 2 (O’Dea Road) offers the following key attributes to investors:

- Childcare center on amalgamated on 3 separate titles licensed for 156 places
- Operating with two separate licenses including before and after school care (71 places) and 0-4 years (85 places)
- 10-year term (expiring 2024) with 5 x 5 x 5 x 5-year triple net lease (2044)
- Net income of $291,000 + GST* p.a. With 4% annual increases.
- Substantial land holding of 4,447sqm*
- Located in Camden Local Government Area, one of the fastest growing areas in Australia
- Situated near rapidly developing suburbs such as Spring Farm, - Oran Park, Harrington Park, Elderslie, Gregory Hills and Smeaton Grange
- Located across from Mount Annan Shopping Centre & Sunland’s new residential development and within proximity to Macarthur Square Shopping Centre and Narellan Town Centre
- Accessibility to major business centers including Campbelltown CBD and Macarthur CBD
- Dynamic R2 Low Density Residential zoning

For more information, please contact the dedicated CBRE team.

Property ID: 503711742Last Updated: 9 Mar 2021

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