31-33 Iron Street, NORTH PARRAMATTA NSW 2151
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- 25 Oct 2016
Long-Term Childcare Investment. 10 + 10 + 10 Year Lease.
10 Year lease from August 2014 plus 10 + 10 year options to 2044.
Quality purpose-built childcare centre licenced for 60 places.
1,402 sqm corner site with modern 364 sqm building built 2007.
Experienced childcare operator associated with 20+ centres.
Established centre with strong history of high occupancy levels.
Parramatta: western metropolitan suburb of Sydney with an estimated population of 189,932 (2015) and within 30 km of the Sydney CBD.
Attractive taxation depreciation benefits.
Lease requires tenant to pay outgoings.
Easily managed, single tenanted investment.
Net Income: $206,448 pa + GST.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
31-33 Iron Street NORTH PARRAMATTA