Prime Sydney Education Investment – Secure 10 + 10 Year Lease

1 & 2 / 62-72 queen street, auburn nsw

Price: Deadline Private Treaty - Contact Agent

  • Substantial tenant fit-out
  • 1,136 sqm internal area + parking
  • Modern building

Property Details

For Sale by Deadline Private Treaty offers closing Thursday 11 October 2018
High 8% Yield Expected

Long 10 year lease to growing Alpha Omega College to 2027 + option to 2037
The new campus for Years 7 & 8 – opposite the Senior campus for years 9-12
Alpha Omega Senior College offering full day classes & established in 2011
Town centre location near railway station, buses & Parramatta Road
Auburn: densely populated centre, home to over 37,000 people
Massive education demand from high population growth
Adjacent to Woolworths anchored shopping centre, ample customer parking
Surrounded by high density apartment blocks with more being built
Centre of the retail, medical, professional and Government precinct
Guaranteed rental growth, fixed 3% annual rental increases (circa $500,000 in 2026)
Net Income: $383,176 pa + GST
Indicative Price: $4,787,500

Featured Details

Current Tenant Tenanted
Gross Building Area 1136 sqm
Land Size 1,136 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003329

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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