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4 Endeavour Close, DUBBO, NSW, 2830

+10 Photos

+12 Photos

SOLD

4 Endeavour Close, DUBBO, NSW, 2830

Properties / Sold / New South Wales / Dubbo

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Contact Agent

Land Area

2,928 m² (*approx)

Floor Area

725 m² (*approx)

Property Type

Retail, Child/Healthcare, Other

Terms

Secure 15 year net lease to 2037 plus two further 10 year options to 2057

Est. Income

$390,000 p/a

Fully Leased

Hawthorn Street Early Learning Centre

Show All

2. Property Highlights

Brand New Childcare in New Retail Precinct | Secure 15 Year Net Lease

15 year net lease to 2037 + options
Greater of CPI or 3% pa rental increase
Net Income $390,000 pa + GST

+ Secure 15 year net lease to 2037 plus two further 10 year options to 2057

+ Hawthorn Street Early Learning Centre: experienced local operator with an additional centre over 100% occupancy

+ Greater of CPI or 3% pa rental increases with market review at options and ratchet provisions (rent cannot decrease)

+ Net Lease: tenant pays all outgoings including Land Tax, Management Fees, Repairs & Maintenance

+ Brand new purpose-built centre with service approval for 130 LDC places

+ Significant 2,928sqm* landholding

+ Situated within complementary education precinct, 10 primary schools within a 5 minute drive

+ Located in a new high profile precinct surrounded by national tenants including Taco Bell, Carl’s Jr., Mobil, Total Tools, OMF and Fantastic Furniture

+ Brand new construction completed July 2022 offering significant depreciation benefits

+ Land tax free commercial investment

+ Net Income: $390,000 pa + GST*

*approx

Remember to mention you found this property on CommercialReady

Property Type

Retail, Child/Healthcare, Other

Est. Income

$390,000 p/a

Tenant

Hawthorn Street Early Learning Centre

Terms

Secure 15 year net lease to 2037 plus two further 10 year options to 2057

Land Area

2,928 m² (*approx)

Floor Area

725 m² (*approx)

Selling Method

Auction

Selling Details

Contact Agent

2. Property Highlights

Brand New Childcare in New Retail Precinct | Secure 15 Year Net Lease

15 year net lease to 2037 + options
Greater of CPI or 3% pa rental increase
Net Income $390,000 pa + GST

+ Secure 15 year net lease to 2037 plus two further 10 year options to 2057

+ Hawthorn Street Early Learning Centre: experienced local operator with an additional centre over 100% occupancy

+ Greater of CPI or 3% pa rental increases with market review at options and ratchet provisions (rent cannot decrease)

+ Net Lease: tenant pays all outgoings including Land Tax, Management Fees, Repairs & Maintenance

+ Brand new purpose-built centre with service approval for 130 LDC places

+ Significant 2,928sqm* landholding

+ Situated within complementary education precinct, 10 primary schools within a 5 minute drive

+ Located in a new high profile precinct surrounded by national tenants including Taco Bell, Carl’s Jr., Mobil, Total Tools, OMF and Fantastic Furniture

+ Brand new construction completed July 2022 offering significant depreciation benefits

+ Land tax free commercial investment

+ Net Income: $390,000 pa + GST*

*approx

Remember to mention you found this property on CommercialReady

Tenanted Investment