Sold

47 Dorothy Street,
Wentworthville 2145, New South Wales

15 car spaces
919.7m² land size
432m² building size
Other

Price withheld


Property details

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

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