Premium Sydney Childcare Investment
4 Tilley Lane , Frenchs Forest NSW
Property Highlights
MindChamps - Multinational Brand Tenant
10 Year Net Lease to 2029 + Options
Compounding 4% Annual Rental Increases
Description
10 year net lease to 2029 plus two further 10 year options to 2049
Greater of CPI or 4% annual rental increases with market reviews at options with ratchet clauses
State of the art 94 place centre over three levels with generous outdoor play areas on 1,041sqm* freehold
Prime Sydney suburb, affluent & professional demographic near Northern Beaches Hospital
Modern construction in 2019, significant depreciation benefits available
Net lease, tenant pays outgoings as per the lease including management fees
Net Income: $406,681 pa + GST
For Sale by Auction
Tuesday 14 December 10.30am (AEDT)
Yallamundi Rooms, Sydney Opera House
Property Details
Listing
Sale
Occupancy Type
Childcare
Land Size
1,041 SQM
Building Area
1 SQM
Price
Contact Agent