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2-6 Justin Street, Lilyfield, NSW, 2040
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1. Property Summary
Selling Details
Contact Agent
Land Area
1,319 m² (*approx)
Floor Area
705 m² (*approx)
Property Type
Child/Healthcare
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2. Property Highlights
Rarely Offered Inner West Childcare Centre - New 20 Year Net Lease to 2041
- Award Winning Operator, 100% Occupancy
- Minimum 3% annual rent increases
- Net Income $550,000 pa + GST
Cushman & Wakefield is pleased to present to the market 2-6 Justin Street, Lilyfield for Sale via Auction.
The property has the following key characteristics:
- Brand new 20 year net lease to 2041 + options to 2061
- Lilyfield ELC - Award winning, successful multi-centre operator boasting 100% occupancy & rated ‘exceeding’
- Absolutely prime, inner city location only 3 km to CBD
- Generational 1,319 sqm corner site providing three street frontages & dual street access
- Conveniently positioned close by to major thoroughfare Balmain Road & City-West Link Road for direct CBD access
- Architecturally designed childcare centre offering renewed depreciation benefits & modern finishes
- Highly educated & concentrated childcare catchment - 42 schools & 148,000 residents within 3 km
- Lilyfield - Leafy, affluent & professional inner-west suburb only 3 km to CBD
- Secure net lease - Tenant pays all outgoings including management fees & general repairs & maintenance
- Lease secured by Bank Guarantee equal to 6 months rent + GST
- Minimum 3% annual rent increases
- Net Income $550,000 pa + GST
The investment is for sale by way of Cushman & Wakefield National Portfolio Auction on Monday 27 September at 1pm.
All interested parties will have access to our Live Stream & Online Bidding Platform strictly via prior arrangement.
Brisbane Live Stream & Bidding Facilities will be available at the below venue;
Brisbane - Dexus Place - Waterfront Place, Level 31, 1 Eagle Street
Should you hold interest in bidding on the asset from the above location or via the Online Bidding Platform, please contact the exclusively appointed Cushman & Wakefield property professionals.
Remember to mention you found this property on CommercialReady.com.au
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Tenanted Investment
1. Property Summary
Property Type
Child/Healthcare
Land Area
1,319 m² (*approx)
Floor Area
705 m² (*approx)
Selling Details
Contact Agent
2. Property Highlights
Rarely Offered Inner West Childcare Centre - New 20 Year Net Lease to 2041
- Award Winning Operator, 100% Occupancy
- Minimum 3% annual rent increases
- Net Income $550,000 pa + GST
Cushman & Wakefield is pleased to present to the market 2-6 Justin Street, Lilyfield for Sale via Auction.
The property has the following key characteristics:
- Brand new 20 year net lease to 2041 + options to 2061
- Lilyfield ELC - Award winning, successful multi-centre operator boasting 100% occupancy & rated ‘exceeding’
- Absolutely prime, inner city location only 3 km to CBD
- Generational 1,319 sqm corner site providing three street frontages & dual street access
- Conveniently positioned close by to major thoroughfare Balmain Road & City-West Link Road for direct CBD access
- Architecturally designed childcare centre offering renewed depreciation benefits & modern finishes
- Highly educated & concentrated childcare catchment - 42 schools & 148,000 residents within 3 km
- Lilyfield - Leafy, affluent & professional inner-west suburb only 3 km to CBD
- Secure net lease - Tenant pays all outgoings including management fees & general repairs & maintenance
- Lease secured by Bank Guarantee equal to 6 months rent + GST
- Minimum 3% annual rent increases
- Net Income $550,000 pa + GST
The investment is for sale by way of Cushman & Wakefield National Portfolio Auction on Monday 27 September at 1pm.
All interested parties will have access to our Live Stream & Online Bidding Platform strictly via prior arrangement.
Brisbane Live Stream & Bidding Facilities will be available at the below venue;
Brisbane - Dexus Place - Waterfront Place, Level 31, 1 Eagle Street
Should you hold interest in bidding on the asset from the above location or via the Online Bidding Platform, please contact the exclusively appointed Cushman & Wakefield property professionals.
Remember to mention you found this property on CommercialReady.com.au
Read More
