Peritus Childcare Sales, as exclusive sales and marketing agents, is pleased to present for your consideration Little Kingdom Childcare, The Rocks (Little Kingdom), a best-in-class 97-place early learning centre, trading at an average weekly occupancy of 85% every week over the past 6 years, located within an enviable, unparalleled and irreplaceable location.

Expression of Interest Closing 5pm Friday 19 May 2023

• The asset is an exceptional 97 place long day care childcare leasehold opportunity
• Current daily fees of $178 (0-2 year olds), $170 (2-3 year olds) and $163 (3-5 year olds)
• $550,000 L12M EBITDA (net profit)
• Rated Exceeding National Quality Standards
• $635,000 Normalised EBITDA Potential (@ current daily fees and 6 year average occupancy of 85%)
• Current weekly utilisation 83%
• Last 6 years average weekly utilisation 85%
• FY22 average weekly utilisation 80%
• FY21 average weekly utilisation 84%
• Last 12 Months (L12M) average weekly utilisation 83%
• Lease expiry (inclusive of option periods) in 13 years, extending to 31 January 2036
• Little Kingdom is located within the Quay West building, a 40-storey residential, commercial and retail building completed including 198 residential apartments and basement parking spaces for 746 cars
• Circular Quay bus, rail, light trail and ferry terminus is located approximately 400 metres to the east
  Wynyard Railway Station is approximately 700 metres to the south
• 103,964 local worker population within the defined worker catchment area of the centre

"A very high quality, strategically located centre with significant upside potential, a unique opportunity which wont be repeated"