A PRIME CHILDCARE INVESTMENT OPPORTUNITY IN SYDNEY'S NORTH SHORE
96-place award winning childcare centre
Brand new New triple net, 10-year lease
Net Income: $576,000 per annum*
CBRE as the exclusive sales agents are pleased to present, Little Zak's, 5 Manning Road, Killara.
Little Zak’s Academy, Killara is a modern purpose built childcare centre which sits on a large 2,004sqm* parcel of land with 22 basement car spaces; there is a brand new triple net, 10-year lease with options until August 2060
The property benefits from the following key
- Net Income: $576,000 per annum with fixed 3% annual increases
- 96-place award winning childcare centre, Little Zak’s Academy, Killara.
- Large Land Area of 2,004sqm* with 22 basement car spaces and 998sqm* of total play area
- Established Childcare that has been operating for over 20 years with 19 centres throughout Sydney
- Defensive asset class with significant Government support
- Newly completed building with significant depreciation benefits
The property will be sold via expressions of interest closing on Wednesday, 23rd September 2020 at 4:00pm.