As new 36 place purpose built Sydney metropolitan childcare centre

New 10 year lease to 2030 plus options to 2050
As new (constructed in 2018) 36 place purpose built childcare centre
Annual 3% fixed rental increases ensuring long term rental growth
12 primary schools within a 5 minute drive from the property
Strong childcare demographics – 26% higher proportion of children under 5 years old, with the suburb growing at 28% faster when compared to the NSW average
Condell Park: high demand area and an estimated population of over 230,000 (2020) within 5km from the property
Captive market close to schools, shops and industrial employment establishments making it an appealing location
Significant tax depreciation benefits
Net lease, tenant pays usual outgoings as defined in the lease
Net Income: $135,000 pa + GST