2 Hickory Close Alfords Point NSW 2234

Auction 11am AEDT Tuesday 27 March 2018
Doltone House Hyde Park Sydney

Secure 10 year lease until February 2028 plus 10 year option to 2038
Leased to Best Kidz Early Learning Centre – 30 years of continual childcare on this site
Prominent 785.9 sqm corner position with on-site parking
Easily accessed, close to shopping centre and schools
Modern and solid double brick construction incl. 3 bedroom upstairs residence
Recently refurbished and expanded to accommodate 37 childcare places
Dominant childcare centre with council restrictions preventing development of new centres in the area
Tenant pays all outgoings as per lease
Fixed 3% annual rental increases
Net Income: $170,000 pa + GST