Prime Sydney Metro Education Investment

1 & 2 / 62-72 Queen Street , Auburn NSW

Property Highlights

Secure 10+10yr Lease

Outstanding education tenant

Prime Auburn CBD location

Description

Outstanding school tenant – Alpha Omega College ranked #35 in NSW, ranked #3 for English
Guaranteed rental growth, fixed 3% annual rental increases (circa $500,000 in 2026)

Deadline Private Treaty
Offers Closing 4pm AEST
Thursday 19 September 2019

Indicative price: $5,200,000 (yield 6.25%)

Long 10 year lease to growing Alpha Omega College to 2027 + option to 2037
The new campus for Years 7 & 8 – opposite the Senior campus for years 9-12
Auburn: densely populated centre, home to over 37,000 people
Adjacent to Woolworths anchored shopping centre, ample customer parking
Generous 1,136 sqm internal area + parking
Net Income: $325,463 pa + GST

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Commercial
Land Size
1,136 SQM
Gross Building Area
1,136 SQM

Contact Agents

Michael Gilbert

0430 024 790

Rhys Parker

0451 101 042

Request Information

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