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2-4 Pitt Street
Cowra NSW 2794
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Sold on 8 Sep 2023

2-4 Pitt Street Cowra NSW 2794

  • Shop & Retail
  • 393 m²
  • Sold

Brand New Affordable Childcare

    Burgess Rawson is delighted to offer to the market 2-4 Pitt Street, Cowra NSW for sale via our Investment Auction Portfolio 163.

    The property has the following key investment highlights:

    + New 15 year lease to 2038 plus 2 further 10 year options to 2058
    + Little Kindy: experienced operator with 12 locations
    + Impressive new facility will offer substantial depreciation
    + Strong trading and at capacity, 43 LDC place centre
    + Ideal corner position, opposite Mulyan Public School
    + Tenant responsible for 100% of outgoings, as per lease
    + Fixed 3% annual rent increases
    + Market Review on each 10th anniversary of the commencement date to the higher of market rent and fixed 3.5%
    + Net Income: $141,447 pa* + GST

    For Sale by Investment Portfolio Auction
    10:30am (AEST) Tuesday 12 September 2023
    Sydney Opera House

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *approx.

    AUCTION

    Auction date and time12/09/2023 10:30
    Auction locationYallamundi Rooms, Sydney Opera House
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold8 Sep 2023
    Floor Area393 m²
    Land Area1,004 m²
    ParkingAsk Agent
    Property ID2018704404
    Category
    Last updated  13 Sep 2023
    Map for 2-4 Pitt Street Cowra NSW 2794

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    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold8 Sep 2023
    Floor Area393 m²
    Land Area1,004 m²
    ParkingAsk Agent
    Property ID2018704404
    Category
    Last updated  13 Sep 2023

    Co-Agents

    Kieran Bourke
    Burgess Rawson Sydney
    Call
    0417 418 007

    More about 2-4 Pitt Street Cowra NSW 2794

    2-4 Pitt Street Cowra NSW 2794 is categorized as Shop & Retail Property. It has a floor area of 393 m² and a land area of 1,004 m². The listing ID for this property is 2018704404.

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