High Yielding Childcare Investment – Long 20 Year Lease

1-3 cathie road, port macquarie nsw

Price: Contact Agent

  • Long 20 Year Lease to 2037
  • Experienced Childcare Operator
  • (13+ Other Centres)

Property Details

Secure 20 year lease to 2037 plus two 10 year options to 2057
Minimum 3% pa rental increases plus lease provisions at market review ensuring rent will not reduce (ratchet clause)
Superbly presented 100 place childcare centre with high occupancy
Little Beginnings: experienced regional childcare provider, operated by a strong management team with 13 other centres in NSW and growing
Highly visible corner position on a huge 3,120 sqm site with a street frontage of over 100m
Located in the premier family area of Lighthouse beach, only a short drive from Port Macquarie’s busy waterfront CBD
Port Macquarie Hastings – diversified economy is underpinned by tourism, agricultural industries and a resident population of 80,261 people and is forecast to grow by over 28% to 102,926 by 2036
Net lease with full recovery of outgoings, as per lease
Net Income: $260,000 pa + GST

View virtual Walk-Thru: tinyurl.com/y9n7qdh4

Auction 11am Tuesday 8 May 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Featured Details

Current Tenant Tenanted
Gross Building Area 475 sqm
Land Size 3,120 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003259

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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