For Sale
Substantial Sydney Childcare Investment - 15 Year Net Lease & 100% Occupancy
65-67 Castlereagh Street, Penrith (Sydney) NSW
Stonebridge is pleased to present ‘Little Zak’s Academy Penrith (Sydney)’ for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Brand new 15 year net lease to 2039, plus options to 2059, with fixed 3.5% annual rent increases
- Little Zak’s Academy - Proven childcare provider with over 20 years’ experience and a rapidly expanding network of 50+ locations
- Large 1,179 sqm* landholding, improved by an architecturally designed centre licensed for 91 places (completed 2024), providing excellent depreciation benefits
- Strategic location 600m from 2 primary schools (591+ students), with 14 further schools in a 3km* radius
- Expansive improvements set over multiple levels with rooftop playscape and secure basement car parking for 24 vehicles
- Central position just 700m from Westfield Penrith (295+ stores) and moments from Penrith Train Station (3.7M+ commuters annually)
- Ideal childcare demographics, with 180,000+ residents in a 15-minute drive time and over 5,900 students within 5 minute radius
- Highly sustainable rent of $4,347 per place, providing long term growth and strong capital appreciation
- Net Lease - Tenant pays all usual outgoings including Rates, Insurance and general Repairs & Maintenance
- Outstanding lease security via 3 month Bank Guarantee
- Attractive land tax free commercial investment
- Net Income: $395,577 pa + GST*
‘Little Zak’s Academy Penrith (Sydney)’ is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately