Peritus Childcare Sales, as exclusive sales and marketing agents are proud to present The Lookout Mosman, a best-in- class , super-premium and rare 48 place early learning centre currently trading at a 95.4% utilisation

Expression of Interest Closing 5pm Monday 5 December 2022

• The asset is an exceptional 48 place long day care childcare leasehold opportunity
• $341,500 FY22 EBITDA (net profit)
• located within the grounds of Headland Park and adjacent to Gunners Barracks, Mosman.
• Last 5 years average weekly utilisation (July 2017 – June 2022) of 79.3%
• $511,000 EBITDA Potential (@90%)
• FY22 average weekly utilisation 89.2%
• FY21 average weekly utilisation 91.8%
• FY20 average weekly utilisation 80.0%
• Long Wait-list
• Current daily fees of $191 (0–2-year olds), $186 (2-3 year olds) and $175 (3-5 year olds)
• Very sustainable market rent of $5,453 per place reflecting a rental occupancy cost ratio of only 11.4%
• 5-year lease term-certain period plus an additional 10 years of further option periods (Expiring 29 July 2037)
• Average household income of $156,890 per annum, 43% stronger than the national average
• Mosman is one of Australia’s most affluent and highly desirable suburbs located approximately 9km north of Sydney CBD in the tightly-held Lower North Shore region of Sydney
• Mosman Municipal Council is an economic powerhouse, generating Gross Regional Product (economic output) of approximately $2 billion per annum
• Mosman has an estimated resident population of approximately 28,538 residents and 1,451 0-5 year old residents
• The Defined Catchment Area Demand: Supply Ratio is 2.7:1
• Very high-quality improvements, fitout and resources offering the most dominant and best-in-class service offering within the catchment area

Rarely is such a boutique, super-premium, locally revered centre - generating a net profit (EBITDA) of approximately $341,500 (FY22) -offered for sale.

***Offered in conjunction with WillowBee Early Learning Centre Willoughby/Chatswood and Allambie Bush Kindy or Separately***