Immaculate Childcare Investment – 100% Occupancy with Wait List
13 Walder Road , Hammondville NSW
Property Highlights
15 + 10 + 10 yr net lease to 2054
3% annual rent increases
100% occupancy with wait list
Description
+ New 15 + 10 + 10 year net lease to St George Montessori to 2054
+ Desirable 3% annual rent increases
+ St George Montessori: premium early education provider with five further centres across metropolitan Sydney
+ Long established and highly successful child care facility with 100% occupancy and long waiting list
+ Immaculate facility licensed for 58 LDC places, with substantial capital upgrade recently undertaken by tenant
+ Net Income: $190,000 pa + GST and Outgoings
For Sale by Auction
11am Tuesday 10 December 2019
Doltone House, Hyde Park, Sydney
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
1,100 SQM
Building Area
1 SQM