Highly Sought After Childcare Investment
57 Belmore Road, Punchbowl NSW
Property Highlights
10 year lease to G8 Education to 2023
G8 ASX Listed with 450 + centres
4% rent increases w ratchet provision
Description
Secure 10 year lease to December 2023
Min 4% annual rental increase plus ‘ratchet’ provisions
Three further 5 year options to December 2038
Well maintained facility licensed for 33 places
Strategic 784 sqm main road site only 17km from Sydney’s CBD
Net income: $85,489 pa
Auction 11am AEDT Tuesday 21 February 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
784 SQM
Gross Building Area
0 SQM