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Burgess Rawson - Melbourne

5 Central Parade Murwillumbah, NSW 2484


5 Central Parade,
Murwillumbah, NSW 2484

Medical & Consulting • Shop & Retail • Other

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Burgess Rawson - Melbourne
Adam Thomas
Natalie Couper

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street
Burgess Rawson - Melbourne
5 Central Parade
Murwillumbah, NSW 2484

Map of 5 Central Parade


Impressive Childcare Investment | 15 Year Triple Net Lease to 2030

  • Min 2.5% annual rent increases
  • Tenant pays 100% of outgoings
  • 3,269sqm site with triple st frontage
+ 15 year triple net lease to Petit Early Learning Journey to 2030
+ Two further 5 year options to 2040
+ Petit Early Learning Journey: highly experienced and successful early education provider with 17 centres across the eastern seaboard
+ Minimum 2.5% annual rent increases plus ratchet provisions at market review, ensuring rental growth.
+ Tenant pays 100% of outgoings including: all maintenance (both capital and structural), rates, insurance and management fees
+ Purpose-built 715 sqm child care facility, licensed for 110 LDC places
+ Land Tax exempt commercial investment
+ Large 3,269sqm site with triple street frontage
+ Murwillumbah: sough-after location on the Tweed River only 16km from Cabarita Beach, Casuarina and Kingscliff
+ Northern Rivers Region: Home to 307,047 people, supporting 107,411 jobs, and with an annual economic output of $32.683 billion.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $263,067 pa + GST

For Sale by Investment Portfolio Auction
11am (AEST) Thursday 30 September 2021

*Mitchell Institute, Australian Investment in Education: Early Learning.

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Property ID: 503897618Last Updated: 24 Nov 2021

Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
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