SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Purpose Built 58 Place Childcare Centre – New 20 Yr. Lease until 2039 + 10 + 10 Yr. Opts.

115 Harrow Road , Auburn NSW

Property Highlights

New 20 Yr. Lease

Fixed 3.5% increases

Long term operator

Description

Auction
11am AEST Tuesday 6 August 2019
Doltone House Hyde Park, Sydney

+ 100% occupied with long waiting list
+ Attractive 3.5% pa rental increases
+ Long term, multiple centre childcare operator

Net Income
$223,300 pa + GST
(rising to $429,295 pa in 2039)

Leased to Oz Education: growing and progressive childcare provider with 8 current locations and 3 under construction
Substantial 3 level building including basement car park
Level 920 sqm site with 12 car spaces
Located close to 15 primary schools within 3 km radius
Young family area with 54% higher fertility rate than national average
Tenant pays all usual outgoings as per lease

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
920 SQM
Gross Building Area
1 SQM

Contact Agents

Dean Venturato

+610 412 840222

Michael Vanstone

0403 580 528

Request Information

Stay up to date with our latest portfolio auctions & insights