13 year lease to 2021 plus option to 2026.
Affinity Education operated centre with 150+ Australia wide under the brand of "Milestones Early Learning Centres".
Appealing 3% annual rental increases.
Modern 90 place childcare centre built in 2008.
CBD location just 1 km from Tamworth Hospital has ensured consistently high occupancy levels.
Tamworth is a strong regional city providing services to over 200,000 people in the agricultural, manufacturing, professional and retail industries.
Tenant pays all usual outgoings, as per lease.
Potential to claim generous tax depreciation benefits.
Easily managed single tenant investment.
Net Income: $167,712 pa + GST.