SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Affordable Sydney Metro Childcare Investment

6 Pierce Close , PRAIRIEWOOD NSW

Description

Brand new 20 year lease to 2036.
Two generous 10 year options to 2056.
Attractive 3% annual rent increases.
Tenant pays all outgoings.
Highly successful and experienced child care provider with further centres in NSW and Victoria.
Immaculate 40 place facility substantially upgraded in Jan. 2016.
Dominant centre established in 1995 and at 100% occupancy.
Strategic location within established and rapidly expanding western growth corridor and 33 km from Sydney’s CBD.
Convenient location close to schools, transport routes and 400 m from Stockland’s Wetherill Park Shopping Centre.
Located in the Fairfield LGA which boasts a strong resident population of circa 200,000 and is forecasted to grow by over 8% by 2031, gross regional product of $6.77 billion.
Single tenant, minimum management investment.
Net Income: $110,000 pa + GST.

Auction 11am Tuesday 5 April
Doltone House Hyde Park

Property Details

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

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights