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

Contact Agents

Adam Thomas

0418 998 971

Contact Me

Natalie Couper

0413 856 983

Michael Vanstone

0403 580 528

Stay up to date with our latest portfolio auctions & insights