High Yielding Childcare Investment New 20 Year Lease to 2037.
- Type of sale |
Modern 66 place purpose built childcare centre with strong occupancy.
Little Beginnings: Established regional childcare provider, operated by a experienced management team with 15 other facilities in NSW.
Highly visible main road position on a generous 2,294 sqm corner site with the centre undergoing recent major capital improvements.
Taree is part of the mid-coast region of NSW with a total population of 91,648 which is forecasted to grow by over 40% by 2036.
Attractive 3% pa. increases plus ratchet (rent cannot go down) provisions ensuring guaranteed rental growth.
Net lease, tenants pays all usual outgoings as per lease.
Net Income: $158,400 pa + GST.
- Land area |
- 2294m² approx.
- Building area |
- Tenant |
- Childcare Centre
- Keywords |