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
Building Area
1 SQM

Price

Contact Agent

Contact Agents

Dean Venturato

+610 412 840222

Contact Me

Michael Vanstone

0403 580 528

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