Share this property

Burgess Rawson - Melbourne

5 Central Parade Murwillumbah, NSW 2484

Directions

5 Central Parade,
Murwillumbah, NSW 2484

Medical & Consulting • Shop & Retail • Other

Price information

Sold

Contact Agent

Key property information

Floor area

Property extent

Tenure type

Sold on

Burgess Rawson - Melbourne
Adam Thomas
Natalie Couper

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
5 Central Parade
Murwillumbah, NSW 2484

Map of 5 Central Parade

Directions

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.

Explore property virtually

Video

Property ID: 503897618Last Updated: 24 Nov 2021

Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Burgess Rawson - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.