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SOLD

64 Grenfell Avenue TAYLOR, ACT 2913

Sold - Friday 5 April 2024, price undisclosed
Other
Land area
3053
Parking
On Grade - onsite
Car Icon28

Brand New Prominent Childcare Centre - High Needs Location

  • 20 year net lease with options to 2053
  • Newly built 110 place childcare centre
  • Highly Regarded Operator

Burgess Rawson is pleased to present this exceptional investment opportunity exclusively available in the market, with a lease secured by experienced childcare group 'Wonderschool' in Taylor.

Recently opening in November 2023, the Taylor Childcare Centre, leased to Wonderschool, showcases an architecturally designed facility featuring top-tier interior design concepts, setting a new standard for Early Learning centres.

Wonderschool are a highly regarded, family-owned and operated early education provider, who understand the needs of families within their communities. The Wonderschool team of highly experienced and professional educators know all children deserve an environment rich with beautiful aesthetics, meaningful practices, safe classrooms, and ample opportunities for developing and learning.

Taylor is one of Canberra's fastest growing and largest suburbs, established in 2016, and is undergoing rapid development to accommodate the increasing population of Canberra. In addition, Taylor's planning has allowed for enviable lifestyle benefits to attract young families including natural playgrounds, cycle paths, nature walks and is just 5km from Gungahlin Town Centre and offers easy access to the CBD via Horse Park Drive.

Highlights:
- 20 year net lease with options to 2053
- Surrounded by medium density houses and low rise town housing
- Newly constructed 110 place childcare facility
- Desirable annual rental increases of 3.25%
- Established operator with 7 centres across NSW & ACT
- Tenant pays 100% outgoings
- Close proximity to high quality primary and secondary schools
- Gungahlin: population growing at a rate of 6.09% per annum
- Stamp duty claim in full in 2024 tax year
- Strong depreciation

Lessee: Wonderschool
Lease Term: 20 years
Lease Commencement: 15 November 2023
Lease Expiry: 14 November 2043
Further Options: 1 x 10 years till 2053
Increases: 3.25% Fixed per annum

Net Income: $385,000 + gst per annum

Expression of Interest closing 4pm March 5th 2024

For more information please call Guy Randell on 0430 272 999 or Michael Vanstone on 0403 580 528.

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Expression of Interest

Expressions of interest closed

Information about this Property

  • Listed on
  • Last updated
  • Property typeOther
  • Block size3053m² (approx)
  • ZoningRZ1: SUBURBAN
  • Property ExtentWhole
  • Parking spaces
    28
    On Grade - onsite
  • Stamp dutyA$306,450
* Figures quoted above are approximate values based on available information.

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