Newstead Childcare Centre, 59B Amy Road,
Newstead, TAS 7250
Medical & Consulting • Shops & Retail • Other
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
Newstead Childcare Centre, 59B Amy Road
Newstead, TAS 7250
Map of Newstead Childcare Centre, 59B Amy Road
High Performing Childcare Investment Within Major School Catchment Area
- Brand new 15 year lease to 2039
- Greater of CPI or 3% rent reviews
- Tenant pays all OG's incl. land tax
Burgess Rawson are pleased to offer to the market 'Newstead Childcare Centre' located at 59B Amy Road, Newstead TAS for sale by Private Treaty
The property has the following key investment highlights:
+ Brand new Fifteen (15) year net lease to Newstead Childcare Centre to 2039.
+ Two (2) further Ten (10) year options to 2059.
+ Newstead Childcare Centre: high performing childcare provider trading 20+ years and with an extensive waitlist.
+ Rated ‘Exceeding’ under the National Quality Standards.
+ Favourable annual rent reviews to the greater of CPI or 3%.
+ Investor preferred net lease terms with the tenant responsible for all outgoings including land tax.
+ Well-maintained 883sqm* childcare centre licensed for 106 LDC places.
+ Significant 5,593sqm* freehold landholding with 23 on-title car parking spaces.
+ Situated amongst significant educational precinct – 4 schools within 1km* that combine to service 2,465+ full-time students.(1)
+ Absolute Newstead (Launceston) CBD location with Coles (Wellington St, Charles St & Elphin Rd), Woolworths, Target, IGA, and the Coles & Kmart-anchored Launceston Plaza Shopping Centre all within 1.6km*.
+ Newstead: affluent metro suburb of Launceston, with strong 28.2% median house price growth since Nov 2020. (2)
+ City of Launceston: capital and major service centre of northern Tasmania, home to 71,700+ people and an annual economic output of $12B+. (3)
+ Net Income: $381,600pa* + GST.
For Sale by Private Treaty.
*Approx
1 GapMaps
2 realestate.com.au
3 REMPlan
The property has the following key investment highlights:
+ Brand new Fifteen (15) year net lease to Newstead Childcare Centre to 2039.
+ Two (2) further Ten (10) year options to 2059.
+ Newstead Childcare Centre: high performing childcare provider trading 20+ years and with an extensive waitlist.
+ Rated ‘Exceeding’ under the National Quality Standards.
+ Favourable annual rent reviews to the greater of CPI or 3%.
+ Investor preferred net lease terms with the tenant responsible for all outgoings including land tax.
+ Well-maintained 883sqm* childcare centre licensed for 106 LDC places.
+ Significant 5,593sqm* freehold landholding with 23 on-title car parking spaces.
+ Situated amongst significant educational precinct – 4 schools within 1km* that combine to service 2,465+ full-time students.(1)
+ Absolute Newstead (Launceston) CBD location with Coles (Wellington St, Charles St & Elphin Rd), Woolworths, Target, IGA, and the Coles & Kmart-anchored Launceston Plaza Shopping Centre all within 1.6km*.
+ Newstead: affluent metro suburb of Launceston, with strong 28.2% median house price growth since Nov 2020. (2)
+ City of Launceston: capital and major service centre of northern Tasmania, home to 71,700+ people and an annual economic output of $12B+. (3)
+ Net Income: $381,600pa* + GST.
For Sale by Private Treaty.
*Approx
1 GapMaps
2 realestate.com.au
3 REMPlan
Newstead, 7250 demographic data
The median household income for Newstead is $1,470, 20% higher than Regional Tasmania's household income of $1,225. Newstead has a younger age profile compared to the rest of Regional Tasmania (median age 43 vs 45). Property ownership data shows 43% of property owners in Newstead have a mortgage.
5,617
Population
$1,470 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Elders Real Estate Launceston54 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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