Kijo Care, 12 Wyreema Road, Warnervale, NSW 2259

Stonebridge is pleased to present ‘Kijo Care Warnervale (Central Coast)’ for sale via National Portfolio Auction on Wednesday 21 October at 11am (AEDT).

The asset has the following key investment features:

   -  Secure 10 year net lease to 2033, plus options to 2043, with annual rent increases to the greater of 3% or CPI

   -  Kijo Care - Longstanding private operator with close to 20 years’ experience & track record of high occupancy

   -  Well-configured 1,618 sqm* site, improved 39 place facility, with refurbished improvements & strong depreciation benefits

   -  Strategic position as only childcare centre in the suburb, hosting 7.69 children per available place within 1.7km* radius

   -  Convenient position nearby key education nodes, only 270m to large primary school (317+ students), with 5 further schools in a 3km radius

   -  Central Coast - Key 'Urban Development Area' with $1.4Bn* tourism sector & 18% population growth by 2046

   -  Outstanding lease security with 3-month bank guarantee & personal guarantee

   -  Net Lease - Tenant pays all outgoings including rates, management fees, insurance & general R&M's

   -  Warnervale – Rapidly growing residential and light industrial hub only 75 mins to Sydney CBD, set to benefit from new town centre including a Woolworths supermarket

   -  Central Coast - A key 'Urban Development Area' with $1.4Bn* tourism sector & strong 18% pop. growth by 2046

   -  Attractive land tax free commercial investment

   -  Net Income $127,489 pa* + GST

‘Kijo Care Warnervale (Central Coast)’ for sale via National Portfolio Auction on Wednesday 21 October at 11am (AEDT).

 Our ID: a0TOd00000qeO49MAE
Our Ref: National Portfolio, Childcare

Property Code: 1854