204 Mowbray Road Chatswood, NSW 2067
06 Apr 2016
Trophy Childcare Investment. 15 + 10 + 10 Year Lease.
26 place childcare centre with 100% occupancy.
15 year lease expiring Jan 2026 plus two further 10 year options to 2046.
Over 20 years of successful operation as a leading childcare centre.
Freehold 696 sqm site with corner exposure to Mowbray Road and combined 76 m frontage to three streets.
Chatswood: One of Sydney's blue ribbon and most sought after locations, only 8 km north of Sydney CBD.
Rapidly growing population projected to grow by 54% by 2036.
Net lease with tenant paying all outgoings.
Fully air conditioned with tenant responsible for 100% of repairs and maintenance and replacement.
Annual rent increases.
Net Income: $94,000 pa + GST.
Property ID: 501876402Last Updated: 2 Jun 2016