Warabrook NSW 2304

Modern freehold 67 place licensed centre in a near Newcastle city modern suburb with E4 zoning for future flexability,
Long lease to Guardian Child care (a national Providor of over 170 locations in Australia) 5yrs lease with 5x5yr options. Current rent $97,798.20 pa + gst, in hand, to be incresed in Dec 25.
An investment with a difference as the leasee owns the fitout, you provide the property with a buy & near forget investment.
A concrete masonary walled building circa 1998 with substantial office fit out converted by leasee to an early learning child care centre, The space is of aprox 450m2 includes tenant provided ducted air conditioning. Aluminim framed shopfront entry. Internally it has been presented with an open plan customer area leading to various care areas in addition to the staff lunch area, misc offices and amenities for staff and children
The fit out is typical for a licensed child care centre, in addition to the playground area