59 Sovereign Drive,
Port Macquarie, NSW 2444
Medical & Consulting • Shops & Retail • Other
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Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
59 Sovereign Drive
Port Macquarie, NSW 2444
Map of 59 Sovereign Drive
Smartland Boutique Early Learning - Brand New 20 Year Net Lease to 2042
- Highly experienced multi-site operator
- Fixed 3% annual rent increases
- Outstanding depreciation benefits
High Performing Childcare Investment in Booming Northern NSW Location
+ Brand new 20 year lease to Smartland Boutique Early Learning to 2042 plus options to 2057
+ Strong performing centre with high occupancy rates and an extensive waitlist
+ Tenant pays all outgoings including land tax
+ Fixed annual 3% rent increases guaranteeing rental growth
+ Smartland Early Learning: experience multi-site operator with five sites throughout Southeast Queensland and Northern New South Wales all trading above 90% occupancy
+ Large 2,552sqm triple street frontage landholding within the Sovereign Hills Master Planned Community
+ Modern centre constructed in 2020 offering outstanding deprecation benefits
+ Purpose-built 104 place childcare centre exceeding the Australia Children’s Education & Care Quality Authority national quality standards
+ Sovereign Hills Master Planned Community: situated midway between Port Macquarie & Wauchope, complete with schooling, parks and amenity for 2,400 residential lots
+ Port Macquarie: population is forecast to grow by 26.43% to 112,484 by 2041
+ Net Income: $331,000 pa* + GST
For Sale by Auction
10.30am (AEST) Tuesday 21 June 2022
Yallamundi Rooms, Sydney Opera House
+ Brand new 20 year lease to Smartland Boutique Early Learning to 2042 plus options to 2057
+ Strong performing centre with high occupancy rates and an extensive waitlist
+ Tenant pays all outgoings including land tax
+ Fixed annual 3% rent increases guaranteeing rental growth
+ Smartland Early Learning: experience multi-site operator with five sites throughout Southeast Queensland and Northern New South Wales all trading above 90% occupancy
+ Large 2,552sqm triple street frontage landholding within the Sovereign Hills Master Planned Community
+ Modern centre constructed in 2020 offering outstanding deprecation benefits
+ Purpose-built 104 place childcare centre exceeding the Australia Children’s Education & Care Quality Authority national quality standards
+ Sovereign Hills Master Planned Community: situated midway between Port Macquarie & Wauchope, complete with schooling, parks and amenity for 2,400 residential lots
+ Port Macquarie: population is forecast to grow by 26.43% to 112,484 by 2041
+ Net Income: $331,000 pa* + GST
For Sale by Auction
10.30am (AEST) Tuesday 21 June 2022
Yallamundi Rooms, Sydney Opera House
Property ID: 504077595Last Updated: 13 Aug 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Burgess Rawson - BrisbaneLevel 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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