A highly sought-after childcare investment property in Bella Vista, Sydney at Unit F79/24-32 Lexington Drive sold by Simon Russo of First National Commercial Hills Central for $5.85 million.
Simon Russo of First National Commercial Hills Central has successfully brokered the sale of a highly sought-after childcare investment property in Bella Vista, Sydney, for $5.85 million. Situated at Unit F79/24-32 Lexington Drive, the property stands as a testament to the enduring strength of the childcare sector within Australia’s commercial real estate market.
The 1,040-square-metre property, leased to Affinity Education, one of Australia’s leading early education providers, boasts 100% occupancy with a waiting list, highlighting its popularity and solid return potential. With a net annual income of $377,000 and SP4 Enterprise Zoning, the investment offered its buyer a prime opportunity in a thriving area.
Located within Bella Vista’s vibrant business hub and just a short walk from the Bella Vista Metro, the property provides unmatched convenience. It benefits from its proximity to a growing mix of residential housing, dining options, and retail amenities, all enhancing its appeal for tenants and investors alike.
‘This property reflects the dynamic growth in Bella Vista and the strong demand for childcare investments, particularly with the Federal Government's $4.7 billion investment in the sector, which is projected to increase to as much as $15 billion in 2027’ said Simon Russo.
The sale underscores First National Commercial Hills Central’s ability to deliver exceptional results for clients in a competitive market.
Related Readings:
CBRE Continue to dominate Childcare markets across Australia | Commo.
Generational Sydney childcare centre leased to global education leader for sale - CBRE | Commo.
Two premium Canberra childcare investments for sale by Burgess Rawson | Commo.
Childcare portfolio of seven assets throughout NSW sold for $55.2m - Colliers | Commo.
Generational Sydney childcare centre leased to global education leader for sale - CBRE | Commo.