Sold Off-Market By Ryan McMahon | 52 Place Childcare Centre | St George
South Hurstville
Price: Contact Agent
Property Size: 1012m2
Land Area: 1012m2
Property Type: Land/Development
Zoning: R2: Low Density Residential
CPG are pleased to announce the off-market sale of a brand new childcare investment property in the heart of one of St Georges most affluent areas.
Property Features:
• 15 year lease to 2033 plus options extending to 2073
• Brand new 52 place centre expected to open March 2023
• Compounding 3% pa rent increases
• Boutique multi-centre operator serving the professional local demographic
• Education rich area, 19 primary schools within 5 minute drive
• Well connected Sydney suburb 18km* south from the CBD
• Significant depreciation benefits available upon completion
• Net Income: $250,000 pa* + GST (Upon Completion Feb 2023)
• 6 month bank guarantee
For further information please contact Ryan McMahon on 0429 228 460.
*Approximate
Municipality: Georges River Council