Sold
38-40 Lumsdaine Street,
Picton 2571, New South Wales
Price withheld
Property details
-
Agents
Leased to Award-Winning Operator Leaping Learners (6+ Centres)
RWC is pleased to present to market 'Leaping Learners Picton (Sydney),' a brand new, state-of-the-art childcare facility at 38-40 Lumsdaine Street, Picton NSW via Expressions of Interest.
The asset is underpinned by a brand new 10 year net lease to 2034, with options to 2054 and leased to Leaping Learners, an award winning operator with a 15+ year track record and a rapidly expanding network of 6+ centres.
The investment delivers income growth with favourable annual increases, a net lease structure and excellent depreciation benefits. Positioned in the Macarthur region of south-west Sydney, Picton occupies a key growth corridor, with significant private and public capital inflows set to benefit from the strong population growth projections.
The asset is underpinned by a brand new 10 year net lease to 2034, with options to 2054 and leased to Leaping Learners, an award winning operator with a 15+ year track record and a rapidly expanding network of 6+ centres.
The investment delivers income growth with favourable annual increases, a net lease structure and excellent depreciation benefits. Positioned in the Macarthur region of south-west Sydney, Picton occupies a key growth corridor, with significant private and public capital inflows set to benefit from the strong population growth projections.
Additional Highlights of the Property:
• Large 2,782 sqm* corner site directly opposite primary school
• Brand new facility, yielding huge depreciation benefits
• Net Income $319,500 pa + GST*
• 10 year lease to 2034 + options to 2054 with market leading increases
• Tenanted by Leaping Learners - award winning multi-site operator with 15+ year track record and growing network of 6+ centres
• Located directly opposite Picton Public School (315+ students)
• Situated less than 1km* to Town Centre, Coles Anchored Shopping Centre, Picton Train Station and other amenities
Leaping Learners Picton (Sydney)' is offered for sale via Expressions of Interest closing on Thursday 17 October at 3:00pm.
For further information including a copy of the Information Memorandum, please contact the selling team.
Peter Vines
Managing Director
RWC Western Sydney
0449 857 100
peter.vines@raywhite.com
Jai Sethi
Associate Director
RWC Western Sydney
0433 393 128
jai.sethi@raywhite.com
The asset is underpinned by a brand new 10 year net lease to 2034, with options to 2054 and leased to Leaping Learners, an award winning operator with a 15+ year track record and a rapidly expanding network of 6+ centres.
The investment delivers income growth with favourable annual increases, a net lease structure and excellent depreciation benefits. Positioned in the Macarthur region of south-west Sydney, Picton occupies a key growth corridor, with significant private and public capital inflows set to benefit from the strong population growth projections.
The asset is underpinned by a brand new 10 year net lease to 2034, with options to 2054 and leased to Leaping Learners, an award winning operator with a 15+ year track record and a rapidly expanding network of 6+ centres.
The investment delivers income growth with favourable annual increases, a net lease structure and excellent depreciation benefits. Positioned in the Macarthur region of south-west Sydney, Picton occupies a key growth corridor, with significant private and public capital inflows set to benefit from the strong population growth projections.
Additional Highlights of the Property:
• Large 2,782 sqm* corner site directly opposite primary school
• Brand new facility, yielding huge depreciation benefits
• Net Income $319,500 pa + GST*
• 10 year lease to 2034 + options to 2054 with market leading increases
• Tenanted by Leaping Learners - award winning multi-site operator with 15+ year track record and growing network of 6+ centres
• Located directly opposite Picton Public School (315+ students)
• Situated less than 1km* to Town Centre, Coles Anchored Shopping Centre, Picton Train Station and other amenities
Leaping Learners Picton (Sydney)' is offered for sale via Expressions of Interest closing on Thursday 17 October at 3:00pm.
For further information including a copy of the Information Memorandum, please contact the selling team.
Peter Vines
Managing Director
RWC Western Sydney
0449 857 100
peter.vines@raywhite.com
Jai Sethi
Associate Director
RWC Western Sydney
0433 393 128
jai.sethi@raywhite.com
Explore the area
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Photos
Virtual tour
Contact Peter Vines
Contact Peter Vines
Peter Vines
38-40 Lumsdaine Street, Picton NSW 2571
Request a callback
Peter Vines
38-40 Lumsdaine Street, Picton NSW 2571