Peritus Childcare Sales, as exclusive sales and marketing agents is pleased to present for your consideration 5a Julius Avenue, North Ryde, a robust, entry level, 55 place long day care childcare centre, boasting a 12 year lease term remaining, $3,086 per place rent and $173 Average Daily Fee.

Expression of Interest Closing Wednesday 13 November 2024.

• The asset is an exceptional 55-place long day care childcare leasehold opportunity located in the tightly held suburb of North Ryde, strategically located on Julius Avenue, connecting directly to Delhi Road
• Current daily fees of $175 (0-2), $175 (2-3) and $170 (3-5) offering further upside potential
• Sustainable rental with a passing base rent reflecting a 7% occupancy cost ratio
• Attractive lease terms on offer with 12 lease years remaining
• Stable defined catchment area Demand:Supply ratio of 1.9:1
• Meeting NQS in all 7 Quality Areas
• 12-month Pro-forma EBITDA (net profit) potential adopting current fees and a stable occupancy at 90% of approximately $600,000 (adopting industry averages)
• 12-month Pro-forma EBITDA (net profit) potential adopting current fees and a stable occupancy at 100% of approximately $850,000 (adopting industry averages)