National Brand Childcare For Sale – Inner City Location

G05/45 Furzer Street, Phillip ACT

Property Highlights

20 Year Net Lease
3% increases market review at 20 years
Town Centre - 12,500 Aus Gov Employees
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Description

Burgess Rawson are delighted to exclusively offer for Sale by Auction this National Investment Leased to Wonderschool Early Learning Centre on a 20 year lease.

45 Furzer Street is part of the Alexander and Albemarle Precinct in the heart of the Commonwealth Employment zone within Woden Town Centre and next to Westfield Shopping Centre in the very centre of the whole Canberra Region.

The main occupants for this centre are the 12,500 Commonwealth Government employees within short walking distance. It is not often a major town centre located childcare centre comes up for sale.

The Albemarle and Alexander buildings experienced a large development. Re-purposing the existing structure by the National Award-winning Doma Group www.domagroup.com.au who were able to take advantages of the environmental benefits when transforming the building. Constructed by BLOC www.bloc.com.au the multi national award winning builder.

Strong long-term lease to the National Tenant Childcare Centre – Wonderschool. With exceptional attention to detail on programs and playscapes.

Wonderschool Woden has had a marketing leading investment in the outdoor playscapes of $750,000 which further showcases the commitment and quality of this build.

The quality and amenity of this build are second to none and invites an exceptional investment opportunity. This is truly a generational asset.

This exceptional new asset provides a long-term investment for a keen investor with the tenant responsible for all outgoings.

Highlights Include:
– 20-year net lease plus options with 3% increases
– Total Area: 1794 Sqm
– Canberra/Woden Town Centre location
– Brand new asset with depreciation available
– 12,500 people in the public sector within 100m radius
– 100m direct entry to Westfield Woden
– Zoning: CZ2 – Business Zone

Net Income: $516,000 pa + GST

Property Details

Listing
Sale
Land Size
10,100 SQM
Building Area
1,794 SQM

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