Auction

Blue Ribbon Childcare Investment
Raine & Horne Commercial Parramatta are pleased to present For Sale via Public Auction , 54-56 Marion Street, Thirlmere. This exciting Childcare investment opportunity encompasses a premium quality build coupled with experienced local operators located in one of Sydney's fastest growing urban precincts in the Wollondilly Shire.

The suburb of Thirlmere is strategically positioned nearby the M5/M31 Motorway connecting Sydney city and Canberra. It is also an area where the proposed M9 Motorway (under review) is being studied allowing direct access from the M5 Motorway across through to Western Sydney Airport and to M1 Motorway to the north. The property is conveniently located close to Thirlmere Public School (800m*), Thirlmere Railway Station (600m*), Thirlmere Town Centre (600m*), Tahmoor (3.9km*) and Picton (6.5km*).

Key Investment Highlights:

• Licensed for 78 Children

• Site Area: 1,733sqm*

• Lettable Area: 529sqm*

• Passing Income: $294,580 net plus GST (as of Oct 2024)

• 10 Year Lease Term

• Newly Completed July 2023

• Offering Significant Depreciation Allowances

• Solid Lease & Tenancy Profile

• 100% Occupied Childcare with Waiting List**

• Surrounded By Newly Built Housing Estates & New Land Subdivisions

• Wollondilly Shire is forecast to increase in population by 68% by 2041^

Inspections By appointment or Open for Inspection times as follows:
Saturday 20th July, 11am to 12pm
Saturday 27th July, 11am to 12pm
Saturday 3rd August, 11am to 12pm
Saturday 10th August, 11am to 12pm
Saturday 17th August, 11am to 12pm
Wednesday 21st August, 6pm to 7pm

Auction: Thursday 22nd of August 2024, 10:30am.
Where: Auctionworks
- In Rooms, Mezzanine, 50 Margaret Street, Sydney.

* approximately.
** Parties are to verify any of the prior to exchange of contract.
^ Source: id.communities population forecast data