ENQUIRE
30 Queens Parade, Newport, NSW 2106
Remarkable Northern Beaches Investment - 20 Year Triple Net Lease to 2045 + Options
Stonebridge is pleased to present Saltwater Preschool Newport (Sydney), for sale via Expressions of Interest closing Monday 30 June at 3pm (AEST).
The asset has the following key investment features:
- Brand new, market leading 20 year triple net lease to 2045, with options to 2065, plus greater of 3% or CPI annual rent increase
- Saltwater Preschool - Dominant, ultra-premium Northern Beaches childcare provider with high portfolio occupancy and a substantial waitlist, providing 66% of all LDC places in the catchment
- Irreplaceable 2,382 sqm* landholding with improvements set across multiple levels, showcasing ultra-premium finishes including Hawaiian-inspired plantation style architecture, wrap-around outdoor playscape, secure basement car park and designated staff level complete with pilates studio
- Remarkable Northen Beaches childcare centre newly completed in 2025, available below replacement cost and offering maximum depreciation benefits
- Ideal childcare location directly opposite Newport Primary School (599+ students) and set off major arterial Barrenjoey Road (39,800+ vehicles daily)
- Lucrative position servicing under-supplied catchment with more than 8 children for each available LDC place, representing the largest centre on the peninsular and newest centre in 40+ years
- Saltwater Preschool Newport holds a monopoly over the suburb, representing the only childcare on the Northern Beaches peninsular licensed for children aged 0-2 years old
- Newport – Exclusive Northern Beaches locale neighbouring Palm, Avalon & Whale Beach, hosting $2.6M median house price & household income 42%* above national average
- Triple Net Lease – Tenant pays all Outgoings including Management Fees, Rates and Structural Repairs & Maintenance
- Outstanding lease security via Personal Guarantees & Bank Guarantee equivalent to 6 months’ Rent & Outgoings + GST
- Net income $700,000 pa* + GST
Saltwater Preschool Newport (Sydney) is for sale via Expressions of Interest closing Monday 30 June at 3pm (AEST).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Info
Municipality
Newport
LEGAL DOCUMENTS
Thank You
Your enquiry has been sent!
Enquiry is Failed
Please contact your administrator.