10 Lisbon Street Sylvania NSW 2224

Auction 11am AEDT Tuesday 2 April 2019
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

HoneyBears ELC is a stunning purpose built boutique 39 place centre
Rare Exceeding Quality Centre rated by independent government authority
Recently built offering valuable income tax depreciation allowances
New 15 year lease until December 2033 plus options to 2053
Attractive fixed 3% annual increases guaranteeing rental growth ($254,115 in 2033)
Tenant pays all usual outgoings, as per net lease
Sylvania is an established suburb 21 km south of Sydney CBD, in the Sutherland Shire with a catchment population set to grow to 266,020 by 2036
Commanding corner position opposite primary school and 15 schools within a 2.5km radius of the centre

Net Income: $168,000 pa + GST