Rare Sub $1M Childcare Centre Investment

Description

Renewed 5 year lease to Jan. 2022 plus 5 + 5 year options to 2032.
Established 50 place childcare, with a captive market of being the only long day care centre in the area.
Generous 3,983 sqm site with potential to subdivide rear area (STCA).
Well maintained centre with recent capital improvements including new softfall and bikepath activity area.
Wellington Shire – a growing central west location strategically positioned between Dubbo and Orange.
Local employment is underpinned by the growing tourism and prosperous agricultural base and recent private and government projects.
Tenant pays usual outgoings, as per lease.
Net Income: $43,000 pa + GST.

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Michael Vanstone Director | Childcare
0403 580 528
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Wellington, NSW

P114 - 12 Gipps Street

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