Brand New Childcare in New Retail Precinct | Secure 15 Year Net Lease
4 Endeavour Close , Dubbo NSW
Property Highlights
Description
+ Secure 15 year net lease to 2037 plus two further 10 year options to 2057
+ Hawthorn Street Early Learning Centre: experienced local operator with an additional centre over 100% occupancy
+ Greater of CPI or 3% pa rental increases with market review at options and ratchet provisions (rent cannot decrease)
+ Net Lease: tenant pays all outgoings including Land Tax, Management Fees, Repairs & Maintenance
+ Brand new purpose-built centre with service approval for 130 LDC places
+ Significant 2,928sqm* landholding
+ Situated within complementary education precinct, 10 primary schools within a 5 minute drive
+ Located in a new high profile precinct surrounded by national tenants including Taco Bell, Carl’s Jr., Mobil, Total Tools, OMF and Fantastic Furniture
+ Brand new construction completed July 2022 offering significant depreciation benefits
+ Land tax free commercial investment
+ Net Income: $390,000 pa + GST*
*approx
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