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15 Harmony Avenue
Marsden Park NSW 2765
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Sold on 8 Nov 2022

15 Harmony Avenue Marsden Park NSW 2765

  • Shop & Retail
  • 475 m²
  • Sold

Rare 18 Year Lease to Dominant Childcare Operator | Sydney's Fastest Growth Region

    Burgess Rawson is pleased to offer to the market, Young Academics, Marsden Park for sale via our Investment Portfolio 156.

    The property has the following investment highlights:

    + Rare 18 year net lease to 2039 plus two x 10 year options to 2059
    + Young Academics ELC: highly experienced Sydney childcare operator with 32 centres in Greater Sydney
    + Net Lease - Tenant pays all outgoings including Land Tax, Management Fees, Repairs & Maintenance
    + Highly desirable fixed 5% annual rent increases to 2025 and fixed 3% annual increases thereafter
    + Most dominant childcare operator in Sydney's North West
    + Modern Purpose-built 78 place childcare facility, offering significant depreciation benefits
    + Strong performing centre with 100% occupancy plus waitlist
    + Marsden Park: one of Sydney's fastest growth suburbs forecast to grow 249% by 2041
    + Land Tax free commercial investment
    + Net Income: $382,677pa + GST

    To be sold via Expressions of Interest closing Thursday the 3rd of November at 4pm AEDT.

    Please contact the exclusively appointed Burgess Rawson team for more information.

    Property Highlights

    Date Sold8 Nov 2022
    Floor Area475 m²
    Land Area1,400 m²
    ParkingAsk Agent
    Property ID2018107844
    Category
    Last updated  12 Nov 2022
    Map for 15 Harmony Avenue Marsden Park NSW 2765

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    Property Highlights

    Date Sold8 Nov 2022
    Floor Area475 m²
    Land Area1,400 m²
    ParkingAsk Agent
    Property ID2018107844
    Category
    Last updated  12 Nov 2022

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188

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