Opportunity for an Astute Childcare Owner / Operator
43 Wilson Street , Katoomba NSW
Property Highlights
Freehold & Going Concern
Minimum 3% pa rent increases
Triple net lease terms
Description
10 year lease to October 2020 with no options.
Minimum 3% annual rent increases.
Well-maintained dual child care facilities licensed for 57 LDC places.
Desirable triple net lease terms with the tenant responsible for all expenditure on outgoings, including: insurance, maintenance and repairs.
Substantial 1,619 sqm commercial zoned site within complimentary business/employment precinct and only 1km from Katoomba’s CBD.
Opportunity for an astute owner/operator to benefit from a long established childcare freehold and going concern.
Net Income: $123,648 pa + GST and Outgoings
For Sale by Expressions of Interest
Closing 4pm AEST Tuesday 15 May 2018
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
1,619 SQM
Building Area
1 SQM