Exclusive Northern Beaches Childcare Centre with 400+ Waitlist Hits Market for Sale with Stonebridge Property Group

An architecturally striking childcare centre with a waitlist exceeding 400 children has been listed for sale in Sydney’s prestigious Northern Beaches.

Located at 30 Queens Parade, Newport, ‘Saltwater Preschool Newport’ neighbors the well-regarded suburbs of Palm Beach, Whale Beach and Avalon Beach.

Childcare in the Northern Beaches region is experiencing critical undersupply, with over eight children competing for every available place—more than triple Sydney’s average of 2.57.

Saltwater Preschool is uniquely positioned to address this demand, holding an exclusive position as the only long day care provider for children aged 0–2 in the area.

The asset, bought to market by Stonebridge Property Group is secured by a rare 20 year triple net lease extending to 2045 with two 10 year options through to 2065. Delivering a net income of $700,000 pa + GST and annual reviews of the greater of CPI or 3%, the investment offers significant long-term income growth potential.

The operator, Saltwater Preschool, is highly regarded in the region and part of a trusted family-owned group that includes Bluey’s Treehouse and Billy Kids – all located north of Mona Vale.

With 100% portfolio occupancy, the tenant provides stable and secure income where all outgoings, including structural repairs & maintenance, are paid by the tenant.

Completed in 2025, the 88-place centre is situated on a generous 2,387 sqm landholding, unheard of in its location and designed to a unique standard within the Australian childcare market. The design boasts Hawaiian-inspired plantation architecture, wrap-around outdoor playscapes, 23 basement car parks for all weather assess, and premium internal finishes including a pilates studio and grand double-height foyer. The asset is designed to deliver maximum depreciation and long-term operational success for the tenant.

 “This property represents one of the most remarkable childcare offerings I have ever presented to the national market” said Stonebridge Partner, Michael Collins.

“The combination of an ultra-premium location in an undersupplied catchment, rare triple net lease structure and world-class built-form, make this an exceptional investment opportunity” he added.

‘Saltwater Preschool Newport’ is being offered for sale by Stonebridge Property Group via Expressions of Interest, closing Monday 30 June 2025 at 3pm (AEST) for more information visit: https://stonebridge.com.au/listing/saltwater-preschool-newport-sydney/.