Brand New Affordable Childcare
2-4 Pitt Street, Cowra NSW
Property Highlights
Description
Burgess Rawson is delighted to offer to the market 2-4 Pitt Street, Cowra NSW for sale via our Investment Auction Portfolio 163.
The property has the following key investment highlights:
+ New 15 year lease to 2038 plus 2 further 10 year options to 2058
+ Little Kindy: experienced operator with 12 locations
+ Impressive new facility will offer substantial depreciation
+ Strong trading and at capacity, 43 LDC place centre
+ Ideal corner position, opposite Mulyan Public School
+ Tenant responsible for 100% of outgoings, as per lease
+ Fixed 3% annual rent increases
+ Market Review on each 10th anniversary of the commencement date to the higher of market rent and fixed 3.5%
+ Net Income: $141,447 pa* + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Tuesday 12 September 2023
Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
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Price
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