Ray White Commercial is pleased to present the opportunity to purchase 5 Lillyana Street, Schofields.
A 100% occupied childcare centre situated in the thriving Western Sydney, it is currently leased to Young Academics,a well-known childcare provider which has been operating over 10 years across Metropolitan Sydney area.
5 Lillyana Street, Schofields offers the following key attributes to investors:
• Net income of $295,200 + GST with 4% annual increases
• Brand new 10+10-year triple net lease (2040)
• All outgoings paid by tenant
• Approved for 72 children
• Purposely-built childcare centre leased to Young Academics
• Newly completed building offering significant depreciation benefits
• Vast land holding of 1,564m2*
• 10mins* walking distance to Schofields Station and retail precinct
The property is offered for sale via Public Auction on Tuesday 1 September 2020 at 10:30am.
Venue: AuctionWorks, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000
For further information, please contact the below exclusive selling agents.
