22 Saunders Road Ermington NSW 2115

Two level building divided into childcare centre plus 4 bedroom residence.
Two strata title lots, to be sold in one line.
10 year lease to Childcare tenant expires Jan. 2024 plus 4 x 5 year options.
Childcare tenant operates multiple centres.
Residence with new 12 month lease.
High occupancy levels.
Annual rent increases of 4.5%.
Net Income: $126,321 pa + GST.

Auction 2pm Tues 24 June, 50 Margaret St Sydney

Dean Venturato 0412 840 222