Level 1, 3 Rawson Street

An outstanding opportunity for an approved childcare provider to secure a brand new, purpose-built centre in the heart of the Wollongong CBD, with the lessor delivering the complete fitout.

The whole of Level 1 at Avante, 3 Rawson Street, offers approximately 2,000 sqm of purpose-designed childcare accommodation with development consent for 150 places. The lessor will deliver a complete indoor and outdoor fitout ready for trade, so the incoming operator opens with no capital outlay on the premises and no construction program to manage.

Parking is exceptional for a CBD site — 43 dedicated car spaces and 3 motorbike bays, giving staff secure parking and families a genuinely easy drop-off and pick-up. Anyone who has operated a centre in a city location will know how rare that is.

The centre sits within a landmark mixed-use residential tower, so a resident catchment is built into the building itself. It is a short walk to Wollongong railway station, Crown Street Mall and Wollongong Central, and close to Wollongong Hospital and Wollongong Private Hospital, placing the centre directly in the path of a large working population travelling into the CBD each day.

Level 1 sits within an established, occupied building. Existing tenants include cardiac and allied health providers, a prosthetics and orthotics clinic and a national community services organisation — a tenant mix that brings steady daily visitation and sits naturally alongside a childcare service.

The lessor is also open to other uses. While the floor is fitted and approved for childcare, enquiry is welcome from operators in health, allied health, education, community services, training and related sectors, and the lessor will consider any proposal suited to the building. Alternative uses would be subject to the necessary development consent.

A long lease is available — a 12 year initial term with two further 10 year options and fixed annual rent reviews — giving an operator more than 30 years of tenure to build the business on.

Expressions of interest are now open. Contact the agent to arrange an inspection and discuss terms.

Key features

• Whole of Level 1 — approximately 2,000 sqm

• Development consent for a centre-based child care service, 150 places

• Lessor delivers a complete indoor and outdoor fitout, ready for trade

• No fitout cost to the incoming operator

• 43 dedicated car spaces and 3 motorbike bays

• Purpose-designed indoor and outdoor play areas

• Within a landmark mixed-use residential tower — resident catchment on site

• Wollongong CBD — walk to Wollongong Station, Crown Street Mall and Wollongong Central

• Close to Wollongong Hospital and Wollongong Private Hospital

• Long lease available — 12 year initial term plus two further 10 year options

• Fixed annual rent reviews

• Lift access, secure basement parking, loading dock and on-site building management

• Established building with cardiac and allied health, prosthetics and orthotics, and community services tenants

• Lessor open to alternative uses — health, allied health, education, community services and training

• Expressions of interest now open

• Contact the agent for rental terms and incentives