Retail for Sale, 152-154 Waterworth Drive & 2 O'Dea Road, MacArthur/Camden, 2567

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For Sale - Retail, Commercial

TENANTED CHILDCARE INVESTMENT | 157 PLACES

Highlights

Dual Street Frontage
Returning $291,000 p.a + GST
Situated on 4,447sqm* footprint

Overview

CBRE are pleased to present the opportunity to purchase (152-154) Waterworth Drive & 2 (O’Dea Road), Mount Annan, a prominent childcare centre in one of the fastest growing regions in Australia. The site is currently leased to an ASX listed provider G8, a well-known childcare provider who operate over 470 childcares in Australia. (152-154) Waterworth Drive & 2 (O’Dea Road) offers the following key attributes to investors: - Childcare center on amalgamated on 3 separate titles licensed for 157 places - Operating with two separate licenses including before and after school care (71 places) and 0-4 years (85 places) - 10-year term (expiring 2024) with 5 x 5 x 5 x 5-year triple net lease (2044) - Net income of $291,000 + GST* p.a. With 4% annual increases. - Substantial land holding of 4,447sqm* - Located in Camden Local Government Area, one of the fastest growing areas in Australia - Situated near rapidly developing suburbs such as Spring Farm, - Oran Park, Harrington Park, Elderslie, Gregory Hills and Smeaton Grange - Located across from Mount Annan Shopping Centre & Sunland’s new residential development and within proximity to Macarthur Square Shopping Centre and Narellan Town Centre - Accessibility to major business centers including Campbelltown CBD and Macarthur CBD - Dynamic R2 Low Density Residential zoning The property is to be offered for sale via online and on-site Auction Campaign on Tuesday, 15th December at 10.30am. For more information, please contact the dedicated CBRE team.

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