27/04/2023
100c Bennelong Pkwy, Sydney Olympic Park
Rare 20 Year Lease to a Dominant Childcare Operator | Sydney’s Fastest Growth Region
This is a unique opportunity to secure an A grade asset in a highly desirable precinct, this property has the following investment highlights.
+ Net Income: $619,747 pa inc GST ( next increase July 2023 )
+ Supreme rarity 20 year net lease to 2027 plus 10 year option till 2037 with the potential to extend
+ Strong fixed 3% annual rent increases to 2027 and fixed 3% annual increases thereafter
+ Modern Purpose-build by Meriton Group, 90 place childcare facility, offering significant depreciation benefits
+ Highly experienced Sydney childcare operator with 29+ centers in Greater Sydney
+ Strong performing centre with 100% occupancy plus waitlist
+ Net Lease - Tenant pays all outgoings including Land Tax, Management Fees, Repairs & Maintenance
Further information -
Kadison Danckert 0421 223 036
Wayne Danckert - 0421 224 417
Kristian Danckert - 0402 686 943