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Sold on 23 Oct 2018

15 Rawson Avenue Bexley NSW 2207

  • Offices
  • Floor Size1 m²
  • PriceSold

Superbly Refurbished Sydney Metro Childcare Investment

Auction 11am AEDT Tuesday 23 October 2018, Sydney

New 15 year lease to August 2033 with options to 2053
Superbly refurbished childcare centre substantially upgraded and modernised in 2018 (upgrade expenditure circa $250k)
Centre has a long history of strong occupancy
Bexley: inner Sydney family lifestyle with a population of over 88,000 and 16 primary schools within 5 minutes drive from the centre
Strategically located 14 km from Sydney CBD with Sydney Airport, M5 motorway and beaches all within 15 minute drive
Guaranteed rental growth with fixed 3.25% annual rental increases
Security of a 6 month net rental bank guarantee
Net lease, tenants pays all usual outgoings as per the lease

Net Income: $104,400 pa + GST (rising to $163,366 in 2033)

Property Highlights

Property ID2014657119
Date Sold23 Oct 2018
Floor Area1 m²
Land Area1 m²
ParkingAsk Agent
Category
Last updated  23 Oct 2018
Map for 15 Rawson Avenue Bexley NSW 2207
Burgess Rawson Sydney
Level 18, 15 Castlereagh Street Sydney NSW 2000

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