10 Year lease from August 2014 plus options to 2044.
Modern purpose built childcare centre for 38 placements.
Established centre built in 2011 with strong history of high occupancy levels.
Experienced childcare operator associated with 20+ centres.
Condell Park: a suburb of Bankstown City which has an estimated population of over 200,000 (2015) and located only 20 km from Sydney CBD.
Generous tax depreciation benefits.
Tenant pays outgoings including management, as per lease.
Easily managed single tenant investment.
Net Income: $105,175 pa + GST.