New 20+10+10 year lease to 2057
Proven early education provider with further centres in NSW and VIC
Attractive 3% annual rent increases and to market at option
Tenant pays all usual outgoings
Prominent 1,403 sqm site with over 58 metre frontage to the Cumberland
Highway and metres from Polding Street
Two storey building comprising a 47 LDC place facility on the ground floor plus a 4 bedroom residence (with separate access) across the first floor
Significant capital upgrade completed in 2017
High trading and long established business in operation 20+ years
Strategic position close to schools, transport routes and only 25km west from Sydney’s CBD
Fairfield City: population of 200,000+ residents and forecast to grow by over 8% by 2031
Net Income: $130,000 pa + GST