Simba Education St Ives, NSW 2075

Stonebridge in conjunction with RWC is pleased to present 'Simba Education St Ives (Sydney)' for sale via Expressions of Interest closing Wednesday 3 December at 3pm (AEDT).

The asset has the following key investment features:

• Brand new 15-year net lease to 2039, plus options to 2059 with exceptional income growth via fixed 3.5% annual rental increases.
• Simba Education - Rapidly expanding operator with 4+ premium centres across Metro Sydney
• Valuable 1,641 sqm* Sydney North Shore landholding improved by an outstanding 96 place centre and rare basement car parking
• Purpose built centre boasting state-of-the-art improvements and sprawling playscape, offering exceptional tax depreciation benefits
• Strategic childcare position - 17 schools within a 3km* radius and located off Mona Vale Road, major arterial servicing 46,929+ vehicles daily*
• Centrally located investment only 500m* from St Ives Shopping village, anchored by Coles, Woolworths, Harris Farm & home to 101+ speciality stores
• Irreplaceable asset in current construction environment, offering long term income growth and capital appreciation
• St Ives - Prestigious Upper North Shore suburb, with household income 75%* above the national average and a booming $3.2M median house price
• Net lease - Tenant pays all usual Outgoings including Management Fees, Rates, Insurance and general Repairs & Maintenance
• Outstanding lease security via Bank Guarantee equivalent to 4 month's Rent and Outgoings + GST
• Attractive land tax free commercial investment
• Net Income $480,000 pa* + GST

'Simba Early Education St Ives (Sydney) for sale via Expressions of Interest Closing Wednesday 3 December at 3pm (AEDT).

For more information, please contact the selling agents.

*Approximately
In conjunction with Stonebridge