High Occupancy Childcare Investment | Booming Western Sydney Growth Area
53-55 Glenrowan Drive , Harrington Park NSW
Property Highlights
High Occupancy Childcare Investment
Booming Western Sydney Growth Area
Long history of high occupancy
Description
Long history of high occupancy and waiting list
10 schools within 5 min. drive
G8 Education Ltd: largest ASX listed early education provider with 470+ centres nationally
Large 1,358 sqm site, 14 car spaces
Harrington Park: 5 times higher population growth & 40% more <4yo children than Sydney average
Annual rent increases CPI +1%
Modern purpose built 56 place centre
10 year lease expires
2024 + options to 2039
Net Income: $144,258 pa + GST
For Sale by Investment Portfolio Auction
Tuesday 23 February at 11am
Yallamundi Rooms, Sydney Opera House
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
381 SQM
Building Area
1,358 SQM
Price
Contact Agent