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2 Clontarf Ave
Harrington Park NSW 2567
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Sold on 8 Aug 2017

2 Clontarf Ave Harrington Park NSW 2567

  • Medical / Consulting
  • 1,644 m²
  • Sold

Three Outstanding Childcare Centres

Secure 10 year net leases plus options to G8 Education.
G8 Education Ltd: largest ASX listed early education provider with over 480 centres nationally and a market cap of $1.70 billion.
Highly desirable CPI + 1% annual rental increases plus ratchet provisions (i.e. rent cannot reduce) at market review ensuring guaranteed rental growth.
Tenant pays all usual outgoings, as per leases.
Long established and proven businesses.
Ideally located within one of Australia’s largest growth corridors.
Predominantly a “young family” location with above average infant numbers.
35% higher ratio of 0-4 yr old infants than NSW average.
To be sold individually.

- 2 Clontarf Ave, Harrington Park:
Modern purpose built 64 place childcare centre.
Secure 10 year lease until April 2024 plus 5 + 5 + 5 year options extending to 2039.
Large 1,644 sqm site with 16 car spaces.
Zoning prevents any further competing centres in area.
Easily managed single tenant investment.
Net Income: $156,212 pa + GST.

Property Highlights

Date Sold8 Aug 2017
Floor AreaAsk Agent
Land Area1,644 m²
ParkingAsk Agent
Property ID2013712217
Category
Last updated  10 Aug 2017
Map for 2 Clontarf Ave Harrington Park NSW 2567

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Property Highlights

Date Sold8 Aug 2017
Floor AreaAsk Agent
Land Area1,644 m²
ParkingAsk Agent
Property ID2013712217
Category
Last updated  10 Aug 2017

Co-Agents

Dean Venturato
Dean Venturato
Burgess Rawson Sydney
Call
0412 840 222
Kieran Bourke
Kieran Bourke
Burgess Rawson Sydney
Call
0417 418 007

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