112 place NSW Hunter Region Going Concern For Sale (Real Estate & Business) via EOI Closing 7 June 2017

  • Dominant Going Concern opportunity (Real Estate + Business) For Sale
  • Licenced for 112 places over 6 rooms
  • Strategically located on the corner of two major roads servicing the growing trade area with excellent connectivity to the commercial and retail core
  • The centre benefits from being within the immediate vicinity of 3 primary schools and the dominant shopping centres within the trade area
  • Dynamic, large and diverse customer base with an estimated resident population (2016 ERP) of 13,293 and 1,130 0-5-year-old (suburb level)
  • Recently completed extensive construction with state of the art fitout
  • 15 years term certain period with two 10+10 year option periods
  • Base Rent of $305,000 ($ 2,723 / Place)
  • Current Average Daily Fees $100
  • Current estimated Demand: Supply ratio of 4:1 (# Kids for every # existing places)
  • Complete turn key, walk in walk out opportunity
  • Dominates the trade area with an average household income of $71,645 which will benefit from the new CCS with no subsidy cap and an estimated 83% subsidy rate
  • Recently completed extensive construction with state of the art fitout

Current Daily Fees

0-2 $105
2-3 $100
3-5 $95

Current Demand: Supply Ratio

4: 1 (# kids for every # existing places)

Average Household Income

$71,645

Estimated Resident Population

13,293 (ERP)
375       (0-1)
351       (2-3)
404      (4-5)
1,130    (0-5-year-old children)

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