Sold

124 Kings Road,
Five Dock 2046, New South Wales

4 car spaces
714.5m² land size
1m² building size
Other

Price withheld


Property details

Leased Childcare Investment with Reputable Tenant

RWC Western Sydney is pleased to present 124 Kings Road, Five Dock for sale via In-Room Auction.

A strategically positioned freestanding 47-place childcare centre within the tightly held and affluent location only moments from the planned Five Dock Metro Station

Ideal investment opportunity to capitalise on the resilient and growing childcare sector with continually supported by ongoing NSW government incentives.

Additional highlights of the property are outlined below:
• Licensed 47-Place Operating Childcare Centre
• Current Net Passing Income of $312,123* + GST per annum
• Tenant liable for 100% of outgoings
• Leased till January 2033 with two (2) further ten (10) year option terms till 2053
• Annual increase of 3% or CPI (whichever is greater)
• Six (6) month bank guarantee and personal guarantee
• Reputable operator - Learn & Laugh, with over 11 centres throughout NSW
• Benefitting from land tax exemption
• Vendor committed to sell

The property will be offered for In-room Auction at Mezzanine Level, 50 Margaret Street, Sydney on Tuesday 26 August 2025 at 10:30am (Unless Sold Prior)

For more information, please contact the exclusive selling agents.

*Approximately

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