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Brand New Childcare Centre Investment Net Yield Circa 8%

203 William Maker Drive, ORANGE NSW, 2800

Sold

Property Sold in 203 William Maker Drive, ORANGE NSW, 2800

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000

Listing ID:
11272493
Status:
Sold
Price:
$2,900,000
Last Updated:
10/09/2018
Icon building

Property Type

Offices/Medical/Consulting/Hotel/Leisure
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Land Area

2459 SQM
Icon size

Floor Area

630 SQM
Icon parking

Parking

25

Brand New Childcare Centre Investment Net Yield Circa 8%

For Sale by Deadline Private Treaty Closing 4pm AEDT Thursday 7 December 2017

New 15 + 10 + 10 year lease
Established and successful childcare provider with 7 further centres and significant experience in the sector
Attractive 3% annual rental increases
Brand new 630 sqm childcare facility DA approved for 92 places
Large 2,459 sqm site with 25 on-site car spaces
Experienced developer with a solid track record in delivering childcare centres throughout regional and metro NSW locations
Positioned among fast growing recently developed residential area offering a unique blend of lifestyle & urban amenities only 5 km from Orange CBD
Orange: thriving growth city of circa 40,000 population, key industries incl. agriculture, mining, education, health, wine & tourism
Tenant pays all usual outgoings, as per lease
Major stamp duty savings and tax depreciation benefits
Net Income: $230,000 pa + GST (on completion, increasing to $398,286 in 2033)

For more details, please email agent

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000


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