Cushman & Wakefield is pleased to present to the market 234 Homebush Road, Strathfield (Sydney) for Sale via Auction.
The property has the following key characteristics:
- 15 year net lease to 2036 + options to 2056
- Little Academy ELC - Highly successful childcare operator with 15+ years industry experience
- Strategically located within 3 km of 31 primary schools
- Directly adjacent to Strathfield South Public School
- Ideal position, providing direct access to bustling arterial Liverpool Road with 57,472 vehicles passing daily
- Convenient location near The Centre Pharmacy, 7-Eleven, McDonalds & Shell Coles Express
- Purpose built facility licensed for 38 LDC places
- Valuable 1,007 sqm corner site boasting dual street frontage with strong underlying land value
- Strathfield - Well connected suburb 12 km from CBD, strong demographics with median house price of $2.5M
- Lease secured by 3 month Bank & Directors Guarantee
- Tenant pays all usual outgoings incl. Land Tax
- Fixed 3% annual rent increases
- Net Income $180,000 pa + GST
The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Friday 19 March at 10am AEDT at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW 2000.
Prospective purchasers and interested parties in this tenanted investment will have access to remote bidding facilities in both Brisbane and Melbourne.
Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.