10 Year lease from August 2014 plus options to 2044.
Modern purpose built childcare centre for 36 placements.
Established centre built in 2011 with strong history of high occupancy levels.
Tenant pays outgoings including management, as per lease.
Condell Park, a suburb of Bankstown City which has a population of 182,352 (ABS 2011) and located only 19 kilometers from Sydney’s CBD.
Generous tax depreciation benefits.
Attractive investor price bracket.
Easily managed single tenant investment.
Net Income: $102,000 pa + GST.

Auction 2pm AEST Tuesday 14 April 50 Margaret Street Sydney

Kieran Bourke 0417 418 007
Darren Beehag 0411 226 223