Peritus Childcare Sales, as exclusive sales and marketing agents, is pleased to present for your consideration the Freehold Real Estate investment offering of Little Adventurers Early Learning Centre, 2 Rawson Avenue, Penrith, a high performing 32 place centre constructed in late 2017 to a premium gold-class standard.
• Currently generating $131,965 Net Rental Income Per annum
• Robust fortress style annual rental increases of 3.50%, exhibiting a genuine annuity style income growth profile
• The tenant is responsible for 100% of the property outgoings and strict repair and maintenance obligations, ensuring a genuine “set-and-forget” style investment opportunity
• The market rent review has a ratchet clause (rent cannot decrease) offering further income growth certainty
• Very strong 0-5 year old population growth of 2.7% per annum over the next 10 years (CAGR) which is +93% stronger than the NSW average over the same period
• 6-month bank guarantee / security deposit
• The subject property has a defined worker population of 12,917 workers of which 64.4% are female workers. This local defined worker population compliments the resident catchment adding further demand for formal childcare
• Penrith is located approximately 50km west of Sydney is an economic powerhouse and a major hub for business, health and education. Penrith is recognised as a designated major employer region with the formal designation as a Regional City Centre. The Penrith Region generates in excess of $9.5 billion dollars in Gross Regional Product (GRP) (economic output per annum)
• Strategically positioned approximately 2km from 2 major railway stations (Penrith and Kingswood Railway Stations) offering exceptional convenience for families and staff
• Located on the corner of Rawson Avenue and Stafford Street, a major feeder road which connect to the A9 / Parker Street providing easy and direct access to The Great Western Highway and the M4 Motorway to the south, offering exceptional connectivity and accessibility to the catchment residents with a very strong exposure to passing vehicular traffic
• 14 schools located within the defined catchment area of the centre
Current Daily Fees
$123 (0-3 year olds)
$115 (3-5 year olds)
Current Demand: Supply Ratio
2:1 (# kids for every # existing places within the defined catchment area)
Average Household Income
$85,479
Estimated Resident Population
38,320 (ERP - Defined Catchment Area) 3,204 (0-5 year old children - Defined Catchment Area)
12,917 (Defined Worker Catchment Area)
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Other opportunities
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FOR SALE || 100 Place Premium Centre ||…