New 20 + 10 + 10 Year Lease 100% Full Occupancy

10 downes street, belfield nsw

Price: $2,959,000

Property Details

Long established 38 place childcare centre
New 20 year lease until August 2037 + 10 + 10 year options
Attractive 4% pa rental increases
Leased to Oz Education: growing and progressive childcare provider with 10 current locations and 3 under construction
Zoned R3 Medium Density Residential
Located 50 m from Belfield’s busy retail strip opposite council carpark
Dominant inner west suburb just 12km from Sydney CBD
Net lease with full recovery of outgoings incl Management fees
Securely leased with six months rental guarantee
Net Income: $146,300 pa + GST (Rising to $308,232 in 2037)

Featured Details

Current Tenant Tenanted
Gross Building Area 1 sqm
Land Size 647 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003166

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E

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