Key Highlights of this investment opportunity:
- Substantial land holding of 9,983 m2 with a wide frontage of approximately 136m. Completely refurbished in 2021, this property offers modern facilities and ample parking, featuring 31 car spaces, including 3 dedicated disabled parking spots.
- A Long and Secure Lease Term until January 2031, with two additional 10-year options. Tenant is responsible for 100% of outgoings.
- High-quality Tenant: The Green Elephant, a highly regarded family-owned childcare provider, renowned for exceeding industry standards. Who is currently operating four successful large centers across Sydney, The Green Elephant is passionate about creating nurturing and safe environments for children.
- Prime Location: Conveniently situated near Horsley Park Public School and Marion Catholic Primary School and Eastern Creek Business Hub. Growth Corridor Positioned to benefit from the nearby Western Sydney International Airport and the region’s transformational $20 billion worth of infrastructure.
- Large Capacity and Expansion Potential: Licensed for 87 childcare places with the potential to increase capacity by an additional 44 places (subject to council approval). Ample room for expansion, such as potential to add Out of School Hours (OOSH) care services.
- Freestanding Purpose-built high-quality Facilities including:
- Rooms for age groups: 0–2 years, 2–3 years, 3–4 years, and 4–5 years and COT Room
- Three children’s bathrooms, laundry facilities, ample indoor and outdoor storage
- Modern meeting room, office, staff room and parent waiting area etc
- Large commercial kitchen and huge onsite parking spaces
- Additional Secondary Premise (205 SQM): The premises features an open-plan area, kitchen, bathroom, multiple rooms, and a storage room, which may be utilised for child after-school care purposes. (Previously approved for OOSH use)
- Exceptional Landscaping and Outdoor Play Areas: The entire area meticulously designed and securely fenced. The outdoor playgrounds are built to an exceptional standard, and a variety of play equipment to create a safe and engaging environment for children.
- Attractive rental income: Net rent from January 2025 will be $337,652, with 3% annual rental increases and a 3-month bank guarantee in place. Market rent reviews will occur at the start of each further term. There is significant potential to enhance revenue by increasing the licensed capacity.
Property Address: 145-161 Horsely Road, Horsely Park, NSW 2175
Price: Expression of Interest (EOI), please contact exclusive listing agents today for the price guide and further information and private inspection.
Inspection: By appointment only
