Secure 15 year lease to Mission Australia ELS to 2019.
Two further 5 year options to 2029.
Modern double storey facility, licensed for 69 LDC places.
Rare triple net lease – tenant responsible for all outgoings including capital and structural works, and management fee.
Annual CPI rent reviews plus market reviews.
Substantial 1,953sqm commercial zoned site adjacent to shopping centre and train station.
8 on site car spaces.
Mission Australia Early Learning Services: established operator with over 50 centres nationwide.
Established suburb located 20km north west of Newcastle.
Net Income: $115,026 pa + GST.