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Rare 18 Year Net Lease | Sydney Childcare Investment

8 Lakewood Drive , Woodcroft NSW

Property Highlights

18 Year Net Lease to 2039 + Options
Fixed 5% Annual Rent Increases
Net Income: $121,800 pa* + GST
Register to Bid

Description

+ Rare 18 year net lease to 2039 plus two x 10 year options to 2059
+ Young Academics ELC: highly experienced Sydney childcare operator with 32 centres nationally
+ Most dominant childcare operator in Sydney’s North West
+ Immaculate 29 place childcare facility rated ‘exceeding’
+ Strong performing centre with 100% occupancy plus waitlist
+ Situated within complementary educational precinct, 15 primary schools within 5 minute drive
+ Woodcroft: young family demographic with 20% more sub 5 year old’s than NSW average
+ Highly desirable fixed 5% annual rent increases to 2025 and fixed 3% annual increases thereafter
+ Net Lease – Tenant pays all outgoings including Land Tax, Management Fees, Repairs & Maintenance
+ Land tax free commercial investment
+ Net Income: $121,800 pa* + GST

For Sale by Auction
10.30am (AEST) Tuesday 2 August 2022
Yallamundi Rooms, Sydney Opera House

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
609 SQM
Building Area
205 SQM

Price

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