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6 Archibald Place, Heatherbrae, NSW 2324

6 Archibald Place, Heatherbrae, NSW 2324

Retail Medical/Consulting Showrooms/Bulky Goods

  • Sold Contact Agent
  • Thu 25-Nov-21

Secure 15 Year Triple Net Lease – Longstanding Childcare Centre

  • 15 year triple net lease to 2031 + opts
  • Fixed 3.25% annual rent increases
  • Net Income $298,985 pa + GST

  • Land Area
  • 2501.00 m² (approx)
  • Floor Area
  • 1 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Nov 27, 2021
  • Car Spaces
  • 15
  • Parking Comments
  • 15 onsite car parks

Interested in this property? Contact an Agent today

Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street

Sydney NSW 2000

Michael Collins, Cushman & Wakefield - Sydney
Michael Collins
Tom Moreland, Cushman & Wakefield - Sydney
Tom Moreland

Secure 15 Year Triple Net Lease – Longstanding Childcare Centre

Cushman & Wakefield is pleased to present to the market 6 Archibald Place, Heatherbrae (Newcastle) for Sale via Auction.

The property has the following key characteristics:

- Secure 15 year triple net lease to 2031 + options to 2051
- Bright Start ELC - specialist Central Coast multi-centre operator boasting significant experience
- Modern purpose built 104 place facility featuring expansive playscape & 15 onsite car parks
- Well located 2,501sqm site in Heatherbrae’s key commercial & retail precinct near KFC, Guzman Y Gomez, Hungry Jack’s & BP
- Conveniently positioned only 150m from Pacific Highway entrance providing access in all directions
- Strategic childcare location - 7 schools within 3 km
- Triple net lease – tenant pays all outgoings incl. Mgmt Fees and Structural Repairs & Maintenance
- Lease secured by 6 month Bank Guarantee & Directors Personal Guarantee
- Heatherbrae - 16 km from Newcastle CBD – established Central Coast suburb bound by Pacific Motorway M1
- Fixed 3.25% annual rent increases
- Net income $298,985 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction on

6 Archibald Place, Heatherbrae, NSW 2324

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