Sold
47 Dorothy Street,
Wentworthville 2145, New South Wales
Price withheld
Property details
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Agents
Secure Purpose Built Childcare Investment
RWC Western Sydney is pleased to present 47 Dorothy Street, Wentworthville for sale via private treaty.
The property presents a secure long-term opportunity to acquire a high-quality, purpose-built 52-place childcare centre within one of Australia's most resilient asset classes.
The asset is underpinned by a strong lease to an established and highly regarded childcare operator 'Hilltop Childcare Centre' with nine (9) existing centres and expanding.
Additional highlights of the property are outlined below:
• Established 52-place childcare centre
• Net Income $250,581.31* + GST p.a
• Secure ten (10) years lease term expiring 2030 with further 4 x 5-year option terms to 2050
• Increases of 3% or CPI (whichever the greater)
• Land tax-free investment and depreciation
• Site Area of 919.7sqm*
• Secure 15 basement car spaces with lift access
• 230m* to Darcy Road Public School
• 1.4km* to Toongabbie East Public School
• 1.7km* to Our Lady of Mount Carmel Primary School
• 2km* to Our Lady of Mount Carmel Primary School
The property is offered For Sale - $4,500,000 (reflecting a 5.5%* net yield)
Supported by continued government investment and strong underlying demand across the childcare sector, the property offers investors secure income, long-term tenure and attractive terms.
For more information, please contact the below exclusive selling agents.
*Approximately
The property presents a secure long-term opportunity to acquire a high-quality, purpose-built 52-place childcare centre within one of Australia's most resilient asset classes.
The asset is underpinned by a strong lease to an established and highly regarded childcare operator 'Hilltop Childcare Centre' with nine (9) existing centres and expanding.
Additional highlights of the property are outlined below:
• Established 52-place childcare centre
• Net Income $250,581.31* + GST p.a
• Secure ten (10) years lease term expiring 2030 with further 4 x 5-year option terms to 2050
• Increases of 3% or CPI (whichever the greater)
• Land tax-free investment and depreciation
• Site Area of 919.7sqm*
• Secure 15 basement car spaces with lift access
• 230m* to Darcy Road Public School
• 1.4km* to Toongabbie East Public School
• 1.7km* to Our Lady of Mount Carmel Primary School
• 2km* to Our Lady of Mount Carmel Primary School
The property is offered For Sale - $4,500,000 (reflecting a 5.5%* net yield)
Supported by continued government investment and strong underlying demand across the childcare sector, the property offers investors secure income, long-term tenure and attractive terms.
For more information, please contact the below exclusive selling agents.
*Approximately
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Contact Joseph Assaf
Joseph Assaf
47 Dorothy Street, Wentworthville NSW 2145
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Joseph Assaf
47 Dorothy Street, Wentworthville NSW 2145