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204 Mowbray Road Chatswood, NSW 2067

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204 Mowbray Road Chatswood, NSW 2067

Offices • Medical & Consulting
Sold Price

$2,410,000

Land area

696.0m²

Floor area

1.0m²

Tenure type

Tenanted Investment

Sold on

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

204 Mowbray Road
Chatswood, NSW 2067

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
204 Mowbray Road Chatswood, NSW 2067

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

Kind Regards,

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