*UNDER CONTRACT*
New 15 Year Lease to National Provider
UNDER CONTRACT
Cushman & Wakefield are pleased to present to the market 30 Naru Street, Chinderah (Tweed Coast) for sale via public Auction if not sold prior.
The property has the following key characteristics:
• New 15 year lease to 2034 + options to 2054 • Story House Early Learning - Highly successful national operator with 27+ centres and growing • Northern Rivers – NSW fastest growing region, 76,000 new residents forecast by 2036 • Well located centre off the Pacific Motorway M1 and encapsulating a large Tweed Coast catchment population of 293,000 including Casuarina, Tweed Heads, Kingscliff and Fingal • Strategic location - 10 mins from Gold Coast Airport, 12 schools and major retail amenity within 5 minutes drive • Modern centre built in 2015 offering significant depreciation benefits of up to $125,000* in the first year • Strong performing 118 place centre with consistently high occupancy since inception • Favourable net lease with the tenant responsible for all usual outgoings (NSW Childcare exempt from Land Tax) • Minimum 3% annual rent increases • Net Income $269,500 pa + GST
For Sale via Auction on Thursday 17 October if not sold prior.
For more information please contact the Exclusive agents at Cushman & Wakefield.
AUCTION
Auction date and time
17/10/2019 14:00
Auction location
Cushman & Wakefield Sydney Office - Level 22, 1 O'Connell Street, Sydney
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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