Inner West Childcare Investment – Sydney CBD 10km

124 Kings Road , Five Dock NSW

Property Highlights

12 Year Net Lease To 2033
3% pa Rent Increases
11 Primary Schools Within 2 km Radius
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Description

Long 12 year net lease to 2033 plus options to 2053
Compounding 3% pa rental increases – rising to $362,877 pa + GST in 2032
11 primary schools within 2 km radius of the property
Learn & Laugh: an established multi centre operator with a network of 8 centres across NSW
Five Dock: a vibrant precinct having a local population of over 47,800 who will benefit from the planned station on the new metro west rail line
Strategic location close to schools and many businesses along Queens & Parramatta Road
Net Income: $270,015 pa + GST (Jan 2022)

Property Details

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

Price

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