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Deakin Early Learning Centre, 16/2 King St, Deakin, ACT 2600

Deakin Early Learning Centre, 16/2 King St, Deakin, ACT 2600

Retail

  • Sold $5,275,000
  • Mon 19-Feb-18

Boutique Childcare Centre Investment Sale, Brand New 20 Yr Lease

  • Brand New 20 Year Lease
  • Attractive 4% Rental Increases
  • 100% Occupancy

  • Land Area
  • 2250.00 m² (approx)
  • Floor Area
  • 624 m²
  • Last Updated
  • Apr 17, 2018
  • Car Spaces
  • 19

Interested in this property? Contact an Agent today

Burgess Rawson Canberra - KINGSTON

152/41 Eastlake Parade

Kingston ACT 2604

Guy Randell, Burgess Rawson Canberra - KINGSTON
Guy Randell
Mitchell Frail, Burgess Rawson Canberra - KINGSTON
Mitchell Frail

Boutique Childcare Centre Investment Sale, Brand New 20 Yr Lease

Brand new 20 year lease from 20 February 2018, plus options to 2058.
Property 100% leased to Deakin School for Early Learning, exceeding National Quality Framework standards.
Standalone boutique 90 place centre , 20+ years in operation, 100% occupancy.
Large 2,250sqm premises with 19 car spaces on title.
Recent tenant upgrades include decking improvements, new blinds and skylighting, kitchen and office refurbishment, partitions (approx. $150,000).
Close to educational, commercial and medical facilities within 2 King Street precinct in affluent suburb of Deakin.
Guaranteed rental growth with attractive 4% rental increases.
Net lease with tenant paying all usual outgoings.
Net income: $306,000 pa + GST (increasing to $644,000 + GST in 2037).

Deakin Early Learning Centre, 16/2 King St, Deakin, ACT 2600

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