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Little Miracles 23-25 Michaela Road Terrigal, NSW 2260

Directions

Little Miracles 23-25 Michaela Road,
Terrigal, NSW 2260

Medical & Consulting • Shops & Retail

Price information

Sale

Contact the Stonebridge Team

Key property information

Land area

Floor area

Car spaces

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$165,572
Number of Tenants
1 Tenant
Tenants / Type
Childcare

Private inspections

to arrange a private inspection.

Map of Little Miracles 23-25 Michaela Road

Directions
  • Bus stops within 5 km of Little Miracles 23-25 Michaela Road, Terrigal, NSW 2260Distance
    Terrigal Dr at Holmes Rd221 m
    NSW Ambulance Service Terrigal Station, Terrigal Dr230 m
    Brunswick Rd After Terrigal Dr300 m
    Terrigal Dr at Brunswick Rd305 m
    Brunswick Rd After Hastings Rd314 m
    POWERED BY HERE ©
POWERED BY HERE ©

Strong Trading Childcare Investment - Secure 15 Year Net Lease

  • Proven Tenant - High Occupancy
  • Outstanding Lease Structure
  • Prime 1,584 sqm Landholding
Stonebridge is pleased to present to the market Little Miracles Terrigal for sale via National Portfolio Auction to be held on Wednesday 6 March at 11am (AEDT)

The asset has the following key investment features:

- Secure 15 year net lease to 2034 + options to 2054 with fixed 2.5% annual rent increases

- Little Miracles – Established multi-site operator, with decorated 20+ year track record and 5 facilities across the Central Coast

- Well-configured 1,584 sqm* site, improved by premium 60 place childcare facility set across multiple buildings, plus state-of-the-art playscape

- Ideal childcare location 1 km* from the largest primary school in the catchment, ‘Our Lady Star of the Sea’ (538+ students), with 5 further schools in a 3 km* radius

- Exceptional access with 53 metres of street frontage, set off key arterial Terrigal Drive and offering 13 car parks, plus convenient dual crossover driveways

- Terrigal – Popular Central Coast suburb 90 minutes from Sydney, median house price of $1.5 million

- Central Coast – Identified as a key ‘Urban Development Area’, benefiting from $1 Bn* tourism sector and strong population growth of 19% to 415,355+ by 2036

- Net Lease - tenant pays all usual outgoings including Rates, Insurance and general Repairs & Maintenance

- Attractive land tax free commercial investment

- Lease secured by 3 month Bond & Personal Guarantee

- Net Income $165,572 pa* + GST

*Approximate

The Investment is for sale via National Portfolio Auction to be held on Wednesday 6 March at 11am (AEDT)

Please contact the exclusively appointed Stonebridge property professionals for more information.

Property Code: 847

Property ID: 504510676Last Updated: 8 Feb 2024

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Little Miracles 23-25 Michaela Road
Terrigal, NSW 2260
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