50 Tennyson Avenue, Turramurra, NSW, 2074

For the first time in over 35 years CI Australia is delighted to offer 50 Tennyson Ave, Turramurra For Sale by Expressions of Interest closing 31st May at 4:00pm.

50 Tennyson Ave is a strategic childcare investment with exceptional value-add options. The substantial 773sqm (approx.) corner block is currently leased to the well-regarded childcare operator; Only About Children (OAC) and has been a childcare/ kindergarten for over 35 years. 50 Tennyson Ave provides an exceptionally rare opportunity to acquire a corner block with compelling investment fundamentals.

Key Features Include:

- Rare Turramurra childcare opportunity

- Incredible value add options

- Market rent review: January 2025

- First time offered in over 35 years

- Land tax free: childcare exemption

- Land Area: 773sqm (approx.)

- 77m (approx.) of street/ car park frontage

- Annual rental increases: 4%

- Affluent and well-regarded neighborhood

- Turramurra medium house price: $3,000,000 (approx.)

- Onsite under parking for 3 cars

- Strong covenant: Only About Children who operate over 75 campuses across Sydney, Melbourne and Brisbane (OAC is owned by the Bright Horizons)

- Bus stop less than 100m away

For more information or to arrange an inspection please contact Addison Hunter on 0408 670 879.

Remember to mention you found this property on CommercialReady