Peritus Childcare Sales, as exclusive Leasing and marketing agents are proud to present 1 Sea Eagle Avenue , Moore Creek (Tamworth), a best-in- class 122 place early learning centre located within the economic powerhouse region of Tamworth, NSW.

A rare opportunity to lease on completion on a full turn-key basis an exceptionally designed brand new 122 place childcare centre.

Expression of Interest To Lease Closing 5pm Friday 16 September 2024

• The centre will be delivered on a full turn-key basis (internal and external)
• DA approval pending with construction commencing shortly thereafter
• Estimated completion in mid 2025
• Likely Daily Fee of $150
• Current Demand:Supply ratio of 8:1 reflecting significant demand
• The centre is located within the economic powerhouse region of Tamworth Regional Council Area producing an annual Gross Regional Product (GRP) of $4 billion, with a population of 65,246 resident population, 32,000 local jobs and 6,000 local businesses
• 8,332 residents reside within the defined catchment area
• Approximately 617 females aged 30-39 within the catchment area
• High-quality improvements and fitout, provided to the successful tenant on a full turn-key basis guaranteeing a best-in-class service offering within the catchment area
• Population growth rate for the catchment area likely served by this childcare centre is estimated at 2.5% per annum over the next 12 years (2024 to 2036)
• Pro forma EBITDA potential assuming an annual average 80% utilisation rate of approximately $800,000
• Pro forma EBITDA potential assuming an annual average 90% utilisation rate of approximately $1m
• Pro forma EBITDA potential assuming an annual average 100% utilisation rate of approximately $1.5m
• EBITDA margin potential (net profit margin) of 30%
• Very sustainable market rental range around $3,800 - $4,200 per place
• 15-year lease term-certain period plus an additional 15 years of further option periods (a total of 30 years of secured lease tenure)
• Daily direct flights from Sydney and Brisbane