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Sold on 25 Nov 2021

1 Denison Street Camperdown NSW 2050

  • Shop & Retail
  • 1,701 m²
  • Sold

Prime Inner West Childcare - New 15 Year Lease to Blue Chip Tenant

  • New 15 Year Net Lease to 2036 + Opts
  • Guardian - 120+ Centres Nationally
  • Fixed 3% Annual Rent Increases

Cushman & Wakefield is pleased to present to the market 1 Denison Street, Camperdown for Sale via Auction.

The property has the following key characteristics:

- Brand new 15 year net lease to 2036 + options to 2046
- Guardian Childcare & Education - Blue chip national operator with 120+ centres, backed by $160 Billion global investment powerhouse Partners Group
- Highly connected & convenient position only 50m to Parramatta Road (58,955+ vehicles daily)
- Newly reopened, fully refurbished childcare centre featuring well-appointed finishes, expansive 523 sqm roof-top playscape & providing strong depreciation benefits
- Expertly configured three storey 1,701 sqm childcare facility licensed for 110 LDC places
- Near major employment nodes of Royal Prince Alfred Hospital & University of Sydney
- Strategic childcare location amongst a high density catchment, 207,526 residents & 61 schools within 3 km
- Camperdown - Sought after suburb only 3 km to CBD
- Landlord favourable lease including termination clause after 10 years - Allowing for genuine development upside & alternate uses
- Secure net lease - Tenant pays all usual outgoings
- Land Tax free commercial investment
- Fixed 3% annual rent increases
- Net Income $410,000 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction on Thursday 25 November at 11am AEDT. The Auction will be held at Doltone House Hyde Park, located on Level 3/181 Elizabeth Street, Sydney.

Prospective purchasers & interested parties will have access to remote bidding facilities in both Brisbane & Melbourne as well as via our Live Stream & Online Bidding Platform, strictly via prior arrangement.

Please contact the exclusively appointed Cushman & Wakefield property professionals for more information.

Tom Moreland
Cushman & Wakefield Sydney
Tom Moreland
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney

Property Highlights

Property ID2017354940
Date Sold25 Nov 2021
Floor Area1,701 m²
Land Area898 m²
EnergyAsk Agent
Parking13 x Onsite parkings
Building TypeWhole building
Category
Last updated  26 Nov 2021
Map for 1 Denison Street Camperdown NSW 2050
Map for 1 Denison Street Camperdown NSW 20501 Denison Street Camperdown NSW 2050
Tom Moreland
Cushman & Wakefield Sydney
Tom Moreland
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney

Property Highlights

Property ID2017354940
Date Sold25 Nov 2021
Floor Area1,701 m²
Land Area898 m²
EnergyAsk Agent
Parking13 x Onsite parkings
Building TypeWhole building
Category
Last updated  26 Nov 2021
Cushman & Wakefield Sydney
Level 22 1 O'connell Street Sydney NSW 2000
Tom Moreland
Cushman & Wakefield Sydney
Tom Moreland
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Tom Moreland

Tom Moreland

Cushman & Wakefield Sydney

Michael Collins

Michael Collins

Cushman & Wakefield Sydney

Yosh Mendis

Yosh Mendis

Cushman & Wakefield Sydney

0408 *** ***
0408 072 822

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