Best In Class Sydney Metropolitan Long Day Care Childcare Centre For Sale (Leasehold Interest - DA Site) via EOI.
- Brand New turn key 122 place Long Day Care Centre to be completed January 2019
- Licenced for 122 places over 5 rooms. Total Gross Building area of approximately 950 sqm
- Strategically located in a burgeoning trade area with excellent connectivity to the commercial and retail core.
- The centre benefits from being within the immediate vicinity of 4 primary schools (within 2km) and 200m from the two dominant shopping centres within the trade area
- Dynamic, large and diverse customer base with an estimated resident population (2016 ERP) of 11,986 and 1,149 (0-5-year-old) (suburb level).
- The centre will be delivered turn key (Internally and Externally) with Tier 1 national builder appointed
- 15 years term certain period with two 10+10 year option periods
- Base Rent of $350,000 ($ 2,869/ Place)
- 12 months gross rent free to assist with centre ramp up stage
- Current Average Daily Fees $110
- Current estimated Demand: Supply ratio of 6.4:1 (# Kids for every # existing places)
- On completion the centre will dominate the affluent trade area with an average household income of $131,086 which will benefit from the new CCS with no subsidy cap and an estimated 63% subsidy rate
Current Daily Fees
0-2 $120
2-3 $110
3-5 $100
Current Demand: Supply Ratio
6.4: 1 (# kids for every # existing places)
Average Household Income
$131,068
Estimated Resident Population
11,986 (ERP)
367 (0-1)
382 (2-3)
400 (4-5)
1,149 (0-5-year-old children)
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FOR SALE || Leasehold Interest…