Peritus Childcare Sales, as exclusive sales and marketing agents are proud to present Glebe Montessori Academy, a rare 82 place early learning centre, strategically located within the 1876 heritage listed Presbyterian Church building with exceptional exposure and road connectivity,  currently trading at a 82% utilisation.

Expression of Interest Closing 5pm Tuesday 4th April 2023

• The asset is an exceptional 82 place long day care childcare leasehold opportunity
• Current daily fees of $167 (0-2 year olds), $153 (2-3 year olds) and $148 (3-5 year olds)
• $302,000 FY22 EBITDA (net profit)
• 800 metres from the University of Sydney (70,000 full time students)
• 900 metres from the Royal Prince Alfred Hospital (5,500 staff)
• Last 3 years average weekly utilisation (January 2020 – March 2023) of 78%
• $570,000 Normalised EBITDA Potential (@ current daily fees and 78% utilisation)
• Current weekly utilisation 82%
• FY22 average weekly utilisation 75%
• FY21 average weekly utilisation 82%
• Last 12 Months (L12M) average weekly utilisation 79%
• Lease expiry (inclusive of option periods) in 23 years, extending to 17 June 2045
• Glebe is a highly desirable and affluent suburb located approximately 4km from Sydney CBD in the tightly-held inner-west region of Sydney, Bohemian capital of Sydney
• Located within the Inner West Council Area which is an economic powerhouse, generating Gross Regional Product (economic output) of approximately $11.6 billion per annum. There is a total of approximately 76,000 local jobs and 20,000 local business
• 3 Primary schools within walking distance of the centre

"A very high quality, strategically located centre with significant upside potential, a unique opportunity which wont be repeated"