• The asset is an exceptional 38 place long day care childcare leasehold opportunity currently operating at 95.80% occupancy, offering prospective purchasers’ a true blue-ribbon premium North Sydney CBD centre running at an EBITDA Margin of 30% with further scope to drive the profitability given the trajectory in utilisation from the current 95.80% to 100%.
  • The centre is a best-in-class example of a very efficient and profitable small centre, located within the heart of North Sydney CBD, securely leased for the next 18 years to 31 October 2037.
  • The centre presents to a best-in-class standard,  offering prospective purchasers a true walk-in-walk-out opportunity.
  • The centre offers exceptional strategic location attributes being located 150 metres North of North Sydney Railway Station (2-minute walk) in the commercial core of North Sydney CBD and 4.4km from Sydney CBD.
  • The centre is currently generating an EBITDA (Net Profit) of $315,126 (FY19 Actual) from a FY19 average weekly occupancy of 90.0%.

Current Daily Fees

$160

Current Demand: Supply Ratio

1.62: 1 (# kids for every # existing places)

Average Household Income

$160,886

Estimated Resident Population

8,152   (ERP)

965      (0-1)
708      (2-3)
622      (4-5)

2,295   (0-5-year-old children 5 minute drive-time)

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