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38 Woodlands Drive
Banora Point NSW 2486
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Sold on 9 Dec 2020

38 Woodlands Drive Banora Point NSW 2486

  • Shop & Retail
  • 1,531 m²
  • Sold

Longstanding Childcare Centre - NSWs Fastest Growing Region

  • Secure triple net lease
  • Fixed 3.5% annual increases
  • NSW's fastest growing region

Cushman & Wakefield is pleased to present to the market 38 Woodlands Drive, Banora Point (Tweed Heads) for Sale via Auction.

The property has the following key characteristics:

- 15 year lease to 2025 + options to 2040
- Banora Point ELC - Longstanding childcare centre established 12+ years & tenanted by multi-centre operator
- Ideal position directly opposite Centaur Primary School & within 3 km of 9 other schools
- Highly exposed corner site along busy local thoroughfare Leisure Drive & closeby to Coles, Caltex, McDonalds & Liquorland
- Purpose built Childcare Centre licensed for 74 places
- Triple Net Lease - Tenant pays all outgoings including Management Fees & Structural Repairs & Maintenance
- Lease secured by Directors Personal Guarantees
- Banora Point - Well connected suburb neighbouring Tweed Heads & bound by the M1 Pacific Motorway
- Northern Rivers - NSWs fastest growing region, 76,000+ new residents forecast by 2036
- Fixed 3.5% annual rent increases
- Net Income $160,839 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 10 December at 1pm AEDT at Doltone House Hyde Park, located on 3/181 Elizabeth Street, Sydney NSW.

Prospective purchasers and interested parties 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.

Cushman & Wakefield Sydney
Cushman & Wakefield Sydney
Level 22/1 O'Connell St
Sydney, NSW 2000

Property Highlights

Date Sold9 Dec 2020
Floor AreaAsk Agent
Land Area1,531 m²
ParkingOn site parking available
Property ID2016627227
Category
Last updated  16 Dec 2020
Map for 38 Woodlands Drive Banora Point NSW 2486

Nearest transport* to 38 Woodlands Drive Banora Point NSW 2486

Bus
Leisure Dr Before Woodlands Dr28 m
Leisure Dr After Firestone Dr42 m
Covent Gardens Way At Woodlands Dr150 m
Covent Gardens Way Before Woodlands Dr150 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Cushman & Wakefield Sydney
Cushman & Wakefield Sydney
Level 22/1 O'Connell St
Sydney, NSW 2000

Property Highlights

Date Sold9 Dec 2020
Floor AreaAsk Agent
Land Area1,531 m²
ParkingOn site parking available
Property ID2016627227
Category
Last updated  16 Dec 2020

Listed by

Cushman & Wakefield Sydney
Call
02 8243 9999

More about 38 Woodlands Drive Banora Point NSW 2486

38 Woodlands Drive Banora Point NSW 2486 is categorized as Shop & Retail Property. It has a land area of 1,531 m². The listing ID for this property is 2016627227.

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