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51 Crieff Street Ashbury, NSW 2193

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For Sale - Expression of Interest

51 Crieff Street Ashbury, NSW 2193

Offices • Medical & Consulting • Hotel & Leisure
Sale Price

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Land area

652.0m²

Floor area

310.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Boutique Childcare Investment – Sydney’s Inner West

  • 15 year lease
  • 4% pa increases
  • Highly populated area
For Sale by Expressions of Interest
Closing 7th March 2019 (Unless Sold Prior)

15 year lease to 2031 + option to 2036
24 primary schools within 3 km radius of the centre
Highly populated, 143,490 residents within 8 min. drive
Ashbury Kidz Academy is a build for purpose boutique centre with a history of high occupancy and has a waiting list
Nestled in the picturesque tree lined streets of the Sydney’s Inner West
Highly exposed corner location close to many parklands, Canterbury markets and racecourse just 12 km west of Sydney CBD
Modern building offering excellent income tax depreciation allowances
Attractive annual rent increases: min.4% + Market Reviews to ensure rent can’t go down
Net lease, tenant pays all usual outgoings as per lease including management fees

Net Income: $168,730 pa + GST

Property ID: 503074054Last Updated: 22 Apr 2019

0403 *** ***
51 Crieff Street
Ashbury, NSW 2193

Agency contacts

Burgess Rawson - Sydney

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Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
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Michael Vanstone
Burgess Rawson - Sydney
51 Crieff Street Ashbury, NSW 2193

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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