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Modestly Priced Childcare Investment – ASX Listed

108 Dalmeny Drive, PRESTONS NSW, 2170

For Sale

Property for Sale in 108 Dalmeny Drive, PRESTONS NSW, 2170

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000

Listing ID:
11312166
Status:
Active
For:
Sale
Price:
Contact Agent
Last Updated:
11/10/2018
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Property Type

Offices/Medical/Consulting
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Land Area

820 SQM
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Floor Area

1 SQM
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Parking

N/A

Modestly Priced Childcare Investment – ASX Listed

Auction 11am Tuesday 11 September 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

10 year lease to G8 Education Ltd to 2022 plus options to 2037
G8 Education Ltd: largest ASX listed early education provider with over 500 centres across Australia and Singapore
Modern multi-level childcare facility with G8 Education (NSW) support office also occupying level 1
Supreme connectivity only moments from the M7 & M5 motorway intersection and burgeoning growth corridor along Camden Valley Way
Established area offering young families new affordable housing with a catchment population of over 120,000 within 10 mins. drive from the property
More than twice the population growth rate and 25% more 0-5 year olds than Greater Sydney average
Attractive 4% pa rental increase with lease provisions at market review ensuring rent can’t go down
Tenant pays usual outgoings, as per lease
Net Income: $157,912 pa + GST (Oct. 2018)

For more details, please email agent

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000

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