10/4-8 Waine Street Freshwater NSW 2096

Well established 80 place Childcare Centre.
10 year lease expiring in 2023 + options to 2038.
Comprises 1,241 sqm on a single level plus exclusive underground carpark with 22 car spaces and private lift access for convenient drop off.
Part of brand new building constructed in circa 2013; Approx $1.85M depreciation available.
100% occupancy and long waiting list.
Experienced operator growing to 6 locations including Northern Beaches, Inner West, North Shore.
Located in affluent suburb with median house price of $2M.
No land tax due to Childcare Centre exemption.
Extremely desirable and rare Childcare investment opportunity.
Net Income: $296,129 pa + GST (as at 9 May 2016).