Share this property

Directions

203 William Maker Drive Orange, NSW 2800

Directions

Sold

203 William Maker Drive Orange, NSW 2800

Offices • Medical & Consulting • Hotel & Leisure
Sold Price

$2,900,000

Land area

2459.0m²

Floor area

630.0m²

Car spaces

25

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

06 Feb 2018

Brand New Childcare Centre Investment Net Yield Circa 8%

For Sale by Deadline Private Treaty Closing 4pm AEDT Thursday 7 December 2017

New 15 + 10 + 10 year lease

Established and successful childcare provider with 7 further centres and significant experience in the sector

Attractive 3% annual rental increases

Brand new 630 sqm childcare facility DA approved for 92 places

Large 2,459 sqm site with 25 on-site car spaces

Experienced developer with a solid track record in delivering childcare centres throughout regional and metro NSW locations

Positioned among fast growing recently developed residential area offering a unique blend of lifestyle & urban amenities only 5 km from Orange CBD

Orange: thriving growth city of circa 40,000 population, key industries incl. agriculture, mining, education, health, wine & tourism

Tenant pays all usual outgoings, as per lease

Major stamp duty savings and tax depreciation benefits

Net Income: $230,000 pa + GST (on completion, increasing to $398,286 in 2033)

Property ID: 502628038Last Updated: 10 Sep 2018

0403 *** ***
203 William Maker Drive
Orange, NSW 2800

Agency contacts

Burgess Rawson - Sydney

View Profile

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
progress tick

Sending email...

Email enquiry

Send to:

Michael Vanstone
Burgess Rawson - Sydney
203 William Maker Drive Orange, NSW 2800

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

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call