SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Long Established and Proven Childcare Investment

2 Leah Close, Smithfield NSW

Property Highlights

New 20 + 10 + 10 yr lease to 2057
Successful national operator
Attractive 3% rent increases

Description

New 20+10+10 year lease to 2057
Proven early education provider with further centres in NSW and VIC
Attractive 3% annual rent increases and to market at option
Tenant pays all usual outgoings
Prominent 1,403 sqm site with over 58 metre frontage to the Cumberland
Highway and metres from Polding Street
Two storey building comprising a 47 LDC place facility on the ground floor plus a 4 bedroom residence (with separate access) across the first floor
Significant capital upgrade completed in 2017
High trading and long established business in operation 20+ years
Strategic position close to schools, transport routes and only 25km west from Sydney’s CBD
Fairfield City: population of 200,000+ residents and forecast to grow by over 8% by 2031
Net Income: $130,000 pa + GST

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
1,403 SQM
Building Area
1 SQM

Contact Agents

Adam Thomas

0418 998 971

Contact Me

Natalie Couper

+610 413 856983

Michael Vanstone

0403 580 528

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