1/12 Northview Terrace Figtree NSW 2525

Other
185 m²
For Sale, $1,500,000 - $1,595,000

Long Lease to Child Care Centre - Investment Opportunity

* Unique opportunity to secure this ideal Investment Opportunity.
* Approximately 185 sqm of Ground Floor Strata Commercial Space.
* Little People's Current Lease from 1/07/2024 to 30/06/2039 with a 3 x 10 year options.
* Nett Rental Income $95,000 + GST + OUTGOINGS
* Potential Yield 6.5% - 6.1%
* Child care center approved for 18 month olds - 6 years olds.
* Includes 6 off street car spaces and rear yard.
* Excellent Commercial Strata Investment

Recent Comparable Sale:
7 Gibsons Rd, Figtree
15 Year Lease to Little People's - expiry in 2039
Currently returning $75,000 + GST Net Rent
4.9% Rental Yield
Sold 16th July 2024 - $1,520,000

Property Highlights

Floor Area	185 m²
Land Area	Ask Agent
Parking	6 x Onsite parkings
Annual Return	Ask Agent
Availability	Tenanted
Property ID	2019334971
Category	Other
Last updated	8 Aug 2024

Map for 1/12 Northview Terrace Figtree NSW 2525

Property Highlights

Floor Area	185 m²
Land Area	Ask Agent
Parking	6 x Onsite parkings
Annual Return	Ask Agent
Availability	Tenanted
Property ID	2019334971
Category	Other
Last updated	8 Aug 2024