28-30 Bourke Street Queens Park NSW 2022

CBRE, as the exclusive listing agent, is pleased to present 28-30 Bourke Street, Queens Park, to the market. This substantial property presents a rare investment opportunity to secure a long-standing childcare tenant with additional 2 x 3-bedroom units providing a strong and diversified stream of income.

28-30 Bourke Street, Queens Park, benefits from the following key attributes:

- 51 place childcare centre
- 2 x 3-bedroom residential units providing a unique blend of income
- Currently tenanted by Gingerbread Kindergarten on a 10-year lease to 2028 plus a 10-year option until 2038
- Compounding fixed 3% annual reviews
- $340,284.83 net income per annum
- Tenant pays 100% of council rates & 50% of water rates
- 606sqm* land parcel
- $4,450,000 Queens Park median house price in 2024
- Queens Park has a large appeal to young families providing demographic advantages
- Child Care is an essential service and one of Australia's most sought-after asset classes, heavily supported by government funding
- Well connected to public transport, a variety of amenities including shops, cafes & schools, making it a desirable location for families and professionals alike
- 5.8km* South East of Sydney CBD

28-30 Bourke Street, Queens Park is for sale via private treaty.

For more information or to request access to the due diligence room, please contact the exclusive sales agent.

*Approx