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2-6 Justin Street Lilyfield NSW 2040

  • Shop & Retail
  • 740 m²
  • Commercial Auction

Rarely Offered Inner West Childcare Centre - New 20 Year Net Lease

  • Rare 20 Year Net Lease to 2041 + Options
  • Award Winning Operator, 100% Occupancy
  • Minimum 3% Annual Rent Increases

Cushman & Wakefield is pleased to present to the market 2-6 Justin Street, Lilyfield for Sale via Auction.

The property has the following key characteristics:

- Brand new 20 year net lease to 2041 + options to 2061
- Lilyfield ELC - Award winning, successful multi-centre operator boasting 100% occupancy & rated 'exceeding'
- Absolutely prime, inner city location only 3 km to CBD
- Generational 1,319 sqm corner site providing three street frontages & dual street access
- Conveniently positioned close by to major thoroughfare Balmain Road & City-West Link Road for direct CBD access
- Architecturally designed childcare centre offering renewed depreciation benefits & modern finishes
- Highly educated & concentrated childcare catchment - 42 schools & 148,000 residents within 3 km
- Lilyfield - Leafy, affluent & professional inner-west suburb only 3 km to CBD
- Secure net lease - Tenant pays all outgoings including management fees and general repairs & maintenance
- Lease secured by Bank Guarantee equal to 6 months rent + GST
- Minimum 3% annual rent increases
- Net Income $550,000 pa + GST

The investment is for sale by way of Cushman & Wakefield National Portfolio Auction on Monday 27 September at 1pm.

All interested parties will have access to our Live Stream & Online Bidding Platform strictly via prior arrangement.

Brisbane Live Stream & Bidding Facilities will be available at the below venue;

Brisbane - Dexus Place - Waterfront Place, Level 31, 1 Eagle Street

Should you hold interest in bidding on the asset from the above location or via the Online Bidding Platform, please contact the exclusively appointed Cushman & Wakefield property professionals.

Auction date and time27/09/2021 13:00
Auction locationDetails Above
Michael Collins
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Tom Moreland
Cushman & Wakefield Sydney
Tom Moreland
Cushman & Wakefield Sydney

Property Highlights

Property ID2017223091
Floor Area740 m²
Land Area1,319 m²
Parking7 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  3 Sep 2021
Map for 2-6 Justin Street Lilyfield NSW 2040
Map for 2-6 Justin Street Lilyfield NSW 20402-6 Justin Street Lilyfield NSW 2040
Michael Collins
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Tom Moreland
Cushman & Wakefield Sydney
Tom Moreland
Cushman & Wakefield Sydney

Property Highlights

Property ID2017223091
Floor Area740 m²
Land Area1,319 m²
Parking7 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  3 Sep 2021
Cushman & Wakefield Sydney
Level 22 1 O'connell Street Sydney NSW 2000
Michael Collins
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Tom Moreland
Cushman & Wakefield Sydney
Tom Moreland
Cushman & Wakefield Sydney
Michael Collins

Michael Collins

Cushman & Wakefield Sydney

Yosh Mendis

Yosh Mendis

Cushman & Wakefield Sydney

Tom Moreland

Tom Moreland

Cushman & Wakefield Sydney

0404 *** ***
0404 023 204

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