55-57 Wyndham Street, GRETA NSW 2334
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- 15 Dec 2016
Brand New Childcare Centre. Net Yield Circa 7.5% - 8.0%.
New 10 + 10 year lease.
DA approved centre for 95 places, leased to experienced local childcare provider.
Attractive 3.25% min. annual rental increases.
State-of-the-art 800 sqm childcare facility.
Substantial 5,000 sqm site with 44 on-site car spaces
Significant stamp duty savings and tax depreciations benefits.
To be developed and constructed by a reputable developer with a solid background in delivering large format buildings including a Woolworths and childcare centres in the Hunter Region.
Greta: in the heart of the Hunter Region 180 km Northwest of Sydney and 50 km from Newcastle, is ideally positioned 5 mins drive from the new four-lane Hunter Express.
Hunter Valley: Australia's largest regional economy with an output of $36.9
billion and forecast to grow to $64.9 billion by 2036.
Tenant pays all usual outgoings.
Net Income: $235,000 pa + GST (on completion).
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
55-57 Wyndham Street GRETA