227 Edgar Street Condell Park NSW 2200

Offices
709 m²
Sold, $2,330,000

Sydney Metropolitan Childcare Investment. 10 + 10 + 10 Year Lease.

10 Year lease from August 2014 plus options to 2044.
Modern purpose built childcare centre for 38 placements.
Established centre built in 2011 with strong history of high occupancy levels.
Experienced childcare operator associated with 20+ centres.
Condell Park: a suburb of Bankstown City which has an estimated population of over 200,000 (2015) and located only 20 km from Sydney CBD.
Generous tax depreciation benefits.
Tenant pays outgoings including management, as per lease.
Easily managed single tenant investment.
Net Income: $105,175 pa + GST.

EXPRESSION OF INTEREST

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Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	13 Sep 2016
Sold Price	$2,330,000
Floor Area	Ask Agent
Land Area	709 m²
Parking	Ask Agent
Property ID	2012631811
Category	Offices Medical / Consulting
Last updated	13 Sep 2016

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Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	13 Sep 2016
Sold Price	$2,330,000
Floor Area	Ask Agent
Land Area	709 m²
Parking	Ask Agent
Property ID	2012631811
Category	Offices Medical / Consulting
Last updated	13 Sep 2016