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465 Kolodong Road, Taree, NSW 2430

465 Kolodong Road, Taree, NSW 2430

Medical/Consulting

  • Sold Contact Agent
  • Thu 10-Aug-17

  • Land Area
  • 2294.00 m² (approx)
  • Floor Area
  • 1 m²
  • Building
  • Whole
  • Last Updated
  • Sep 17, 2018

Interested in this property? Contact an Agent today

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street

Sydney NSW 2000

Dean Venturato
Michael Vanstone

High Yielding Childcare Investment with New 20 Year Lease to 2037

New 20 year lease to July 2037 & 10 + 10 year options to 2057.
Modern 66 place purpose built childcare centre with strong occupancy.
Little Beginnings: Established regional childcare provider, operated by a experienced management team with 15 other facilities in NSW.
Highly visible main road position on a generous 2,294 sqm corner site with the centre undergoing recent major capital improvements.
Taree is part of the mid-coast region of NSW with a total population of 91,648 which is forecasted to grow by over 40% by 2036.
Attractive 3% pa. increases plus ratchet (rent cannot go down) provisions ensuring guaranteed rental growth.
Net lease, tenants pays all usual outgoings as per lease.
Net Income: $158,400 pa + GST.

465 Kolodong Road, Taree, NSW 2430

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