Express Commercial is pleased to offer 100C Bennelong Road, Sydney Olympic Park to the market for sale.
A phenomenal opportunity for an experienced investor to capitalise on this modern and purpose-built childcare centre. Completed in 2017, the property offers an operational 90 place childcare centre, leased to well-established and highly experienced operator Little Zak’s Academy.
An investment opportunity second to none, the property is situated in the long-term growth area of Sydney Olympic Park, surrounded by residential apartments and moments to Olympic Park Station, bus and ferry transport, shopping and schools.
Investment highlights:
- Modern, purpose-built 90 place childcare centre by Meriton Group, completed in 2017
- Leased to Little Zak’s Academy, a well-established and highly experienced childcare operator with 30+ centres
- Leased until July 2027, with an option to renew for 10 years and potential to extend further
- Leased for $619,747 inc. GST per annum ($6,886 per place)
- Fixed 3% annual rent increases
- Secure net lease with the tenant paying 100% of outgoings
- Land tax free commercial investment
- Surrounded by residential apartments and situated within a long-term growth area
- Information memorandum and Contract for Sale available upon request
We have obtained all information from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property Code: 260
Remember to mention you found this property on CommercialReady
Express Commercial is pleased to offer 100C Bennelong Road, Sydney Olympic Park to the market for sale.
A phenomenal opportunity for an experienced investor to capitalise on this modern and purpose-built childcare centre. Completed in 2017, the property offers an operational 90 place childcare centre, leased to well-established and highly experienced operator Little Zak’s Academy.
An investment opportunity second to none, the property is situated in the long-term growth area of Sydney Olympic Park, surrounded by residential apartments and moments to Olympic Park Station, bus and ferry transport, shopping and schools.
Investment highlights:
- Modern, purpose-built 90 place childcare centre by Meriton Group, completed in 2017
- Leased to Little Zak’s Academy, a well-established and highly experienced childcare operator with 30+ centres
- Leased until July 2027, with an option to renew for 10 years and potential to extend further
- Leased for $619,747 inc. GST per annum ($6,886 per place)
- Fixed 3% annual rent increases
- Secure net lease with the tenant paying 100% of outgoings
- Land tax free commercial investment
- Surrounded by residential apartments and situated within a long-term growth area
- Information memorandum and Contract for Sale available upon request
We have obtained all information from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property Code: 260
Remember to mention you found this property on CommercialReady
100 Bennelong Pkwy, Sydney Olympic Park, NSW, 2127