Superbly Refurbished Sydney Metro Childcare Investment

15 rawson avenue, bexley nsw

Price: Contact Agent

  • New 15 Year Lease + Options
  • Centre Substantially Upgraded 2018
  • Fixed 3.25% pa increases

Property Details

Auction 11am AEDT Tuesday 23 October 2018, Sydney

New 15 year lease to August 2033 with options to 2053
Superbly refurbished childcare centre substantially upgraded and modernised in 2018 (upgrade expenditure circa $250k)
Centre has a long history of strong occupancy
Bexley: inner Sydney family lifestyle with a population of over 88,000 and 16 primary schools within 5 minutes drive from the centre
Strategically located 14 km from Sydney CBD with Sydney Airport, M5 motorway and beaches all within 15 minute drive
Guaranteed rental growth with fixed 3.25% annual rental increases
Security of a 6 month net rental bank guarantee
Net lease, tenants pays all usual outgoings as per the lease

Net Income: $104,400 pa + GST (rising to $163,366 in 2033)

Featured Details

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

Property Enquiry

Regarding Property ID: NSW003385

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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