1/2-4 Kent Road Dapto NSW 2530

MMJ Wollongong are pleased to present to the market Lot 1, 2-4 Kent Road, Dapto, NSW, for sale via an Auction on Wednesday 28th November @ 6:00pm.

Key Features of the Property:

- New 10 year net lease to Little Peoples Early Learning Centre - expiry 2028

- Six additional 5 year options to 2058

- Net Income of $63,250 pa + GST

- Desirable fixed 3% annual rental increases plus market reviews at options

- Established operator with substantial Illawarra footprint; 14 Little Peoples Early Learning Centres across the broader Illawarra.

- Centrally located with easy access to surrounding suburbs via both the Princes Highway and Princess Motorway

- Established and successful centre, licensed for 23 LDC places

- Strata suite featuring on title area of approximately: 166sqm internal, 191sqm outdoor and 98sqm of basement storage.

- Strategic growth location within the Illawarra, only 14km to both Wollongong and Shellharbour CBD.