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Diversify Your Portfolio: Rare Childcare & Residential In...

102 Warrimoo Avenue, ST IVES NSW, 2075

Sold

Property Sold in 102 Warrimoo Avenue, ST IVES NSW, 2075

Burgess Rawson (ACT) Pty Ltd

Suite 152, Level 1, 41 Eastlake Parade, Kingston, ACT 2604

Listing ID:
11258287
Status:
Sold
Price:
$4,075,000
Last Updated:
09/04/2018
Icon building

Property Type

Retail
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Land Area

916 SQM
Icon size

Floor Area

357 SQM
Icon parking

Parking

N/A

Diversify Your Portfolio: Rare Childcare & Residential Investment. Brand New 15 Year Lease

New 15 year commercial lease to 2032 across both childcare and residential premises.
Secure 10 + 10 year options to 2052.
Fully leased to Handprints ELC: quality focused boutique centre with 100% occupancy.
Significant 916.9 sqm corner block with 30 place childcare centre plus 3 bedroom residence, built 2014.
Located in St Ives: an affluent and established residential suburb only 21 km north of Sydney's CBD.
Potential for generous tax depreciation benefits.
Attractive 3.5% annual rent increases throughout the lease term.
Tenant pays all usual outgoings as per lease.
Net income: $190,000 pa = GST.

For more details, please email agent

Burgess Rawson (ACT) Pty Ltd

Suite 152, Level 1, 41 Eastlake Parade, Kingston, ACT 2604


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