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227 Edgar Street
Condell Park NSW 2200
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Sold on 13 Sep 2016

227 Edgar Street Condell Park NSW 2200

  • Offices
  • 709 m²
  • Sold, $2,330,000

Sydney Metropolitan Childcare Investment. 10 + 10 + 10 Year Lease.

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.

EXPRESSION OF INTEREST

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Property Highlights

Date Sold13 Sep 2016
Sold Price$2,330,000
Floor AreaAsk Agent
Land Area709 m²
ParkingAsk Agent
Property ID2012631811
Category
Last updated  13 Sep 2016
Map for 227 Edgar Street Condell Park NSW 2200

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Property Highlights

Date Sold13 Sep 2016
Sold Price$2,330,000
Floor AreaAsk Agent
Land Area709 m²
ParkingAsk Agent
Property ID2012631811
Category
Last updated  13 Sep 2016
Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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