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Sold on 17 Oct 2019

30 Naru Street Chinderah NSW 2487

  • Shop & Retail
  • 1,035 m²
  • Sold

*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 time17/10/2019 14:00
Auction locationCushman & Wakefield Sydney Office - Level 22, 1 O'Connell Street, Sydney

Property Highlights

Property ID2015542746
Date Sold17 Oct 2019
Floor Area1,035 m²
Land Area3,680 m²
Parking32 x Onsite parkings
Building TypeWhole building
Category
Last updated  18 Nov 2019
Map for 30 Naru Street Chinderah NSW 2487
Map for 30 Naru Street Chinderah NSW 248730 Naru Street Chinderah NSW 2487
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Cushman & Wakefield Sydney
Level 22 1 O'connell Street Sydney NSW 2000

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