ReVest Property Group is pleased to present 10-12 Broadbent Avenue, Middleton Grange to the market via In-Room Public Auction.
A strategically positioned purpose built childcare centre positioned in Southwest Sydney's highest growth precincts, 10-12 Broadbent Avenue is surrounded by 30 schools within a 10-minute drive* with significant market reversion upside^, making this opportunity a secure investment.
Key features include:
• Site Area: 1,069 sqm*
• Passing net income: $133,000 p.a. + GST + Outgoings
• Market rent income: $225,000 p.a + GST + Outgoings
• Prominent 63m street frontage with convenient on-site parking
• Middleton Grange has a median age of 31 years (vs NSW 39), with 10.2% of residents aged 0-4 (vs NSW 5.8%) and 21% of households couples with young children
• Purpose-built childcare centre licensed for 50 long day care places
• Securely leased to G8 Education Ltd (ASX: GEM), Australia's largest listed childcare operator with 500+ centres nationally
• Long history of 100% occupancy with waiting list
• Outstanding connectivity moments from the M7 & M5 motorways
• Middleton Grange suburb growth is 69% faster and has 40% more <5-year old's than Sydney's average
• Established young family precinct, population 177,000+ within 10 minutes' drive
• Tenant pays all usual outgoings, as per lease
10-12 Broadbent Avenue, Middleton Grange will be offered to the market via in-room public auction on Wednesday the 3rd of December at 2:30pm, held at Level 9, 111 Phillip Street, Parramatta NSW 2150
For further information or to arrange an inspection, contact the exclusive agent.
Remember to mention you found this property on CommercialReady
ReVest Property Group is pleased to present 10-12 Broadbent Avenue, Middleton Grange to the market via In-Room Public Auction.
A strategically positioned purpose built childcare centre positioned in Southwest Sydney's highest growth precincts, 10-12 Broadbent Avenue is surrounded by 30 schools within a 10-minute drive* with significant market reversion upside^, making this opportunity a secure investment.
Key features include:
• Site Area: 1,069 sqm*
• Passing net income: $133,000 p.a. + GST + Outgoings
• Market rent income: $225,000 p.a + GST + Outgoings
• Prominent 63m street frontage with convenient on-site parking
• Middleton Grange has a median age of 31 years (vs NSW 39), with 10.2% of residents aged 0-4 (vs NSW 5.8%) and 21% of households couples with young children
• Purpose-built childcare centre licensed for 50 long day care places
• Securely leased to G8 Education Ltd (ASX: GEM), Australia's largest listed childcare operator with 500+ centres nationally
• Long history of 100% occupancy with waiting list
• Outstanding connectivity moments from the M7 & M5 motorways
• Middleton Grange suburb growth is 69% faster and has 40% more <5-year old's than Sydney's average
• Established young family precinct, population 177,000+ within 10 minutes' drive
• Tenant pays all usual outgoings, as per lease
10-12 Broadbent Avenue, Middleton Grange will be offered to the market via in-room public auction on Wednesday the 3rd of December at 2:30pm, held at Level 9, 111 Phillip Street, Parramatta NSW 2150
For further information or to arrange an inspection, contact the exclusive agent.
Remember to mention you found this property on CommercialReady
10-12 Broadbent Avenue, Middleton Grange, NSW, 2171
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