Newly Refurbished Childcare Investment – 10 km from Sydney CBD

124 kings road, five dock nsw

Price: For Sale by Auction

  • New 10 Year Lease
  • Premium Childcare Operator
  • Rare 4% pa increases

Property Details

Auction 11am AEDT Tuesday 2 April 2019
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Exceptionally presented 46 place centre, fully refurbished Dec. 2018 which presents as a new centre
Young Academics are a premium childcare operator currently with 15 centres and expanding across NSW and QLD
Secure lease to 2028 + options to 2048
Guaranteed rental growth: 4% annual increases (net income $425,570 in 2027)
Tenant pays all usual outgoings, as per lease
Five Dock: vibrant precinct central to neighbouring residencies, primary schools, high schools and many businesses along Queens & Parramatta Rd
Strong local population growth and just confirmed location for a new Sydney Metro West station
Convenient location just 1 minute from Parramatta Road and 10 km west of Sydney’s CBD
11 primary schools within 2 km radius of centre

Net Income: $299,000 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 1 sqm
Land Size 715 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003468

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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