Peritus Childcare Sales, as exclusive sales and marketing agents, is pleased to present for your consideration Tarmina Preparatory School - 29 Grosvenor Street, Woollahra, a super-premium 22 place early learning centre located 1-minute walk from Bondi Junction Westfield and Railway Station.

• Currently generating $127,800 FY21 EBITDA (net profit) trading at 70.4% (FY21 Average) occupancy with significant value upside remaining

• Current occupancy of 77% (October 2021) , 1-minute walk to Bondi Junction Railway Station (57,000 pedestrians per day) , Bus Interchange and Westfield Bondi Junction

• Current daily fees of $175 (3-5 year olds). No Babies

• Very affordable rental of only $115,000 per annum

• EBITDA (net profit) potential at 80% =  approximately $295,000

• EBITDA (net profit) potential at 100% =  approximately $420,000

• The defined catchment area is dominated by dual working parents with dependent 0-5 year old children, representing 70% of the residents compared to the Sydney average of 56%

• One of Australia’s most affluent catchment area with high barriers to entry, limiting future competition risk

• 4km from Sydney CBD and 2km from the world-famous Bondi Beach

• The defined catchment area unemployment rate is very low at only 3.4%, half the national average of 6.8%

• The defined catchment area has 12,309 workers who are dominated by Females (56.5%), significantly higher proportion compared to the Sydney CBD at 46% female workers

• 3 Primary Schools within walking distance of the centre