Lot 3, 2 Town Hall Place,
Wollongong, NSW 2500
Shops & Retail • Other
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Colliers - Wollongong
Level 2, 63 Market StreetWOLLONGONG, NSW 2500
Lot 3, 2 Town Hall Place
Wollongong, NSW 2500
Map of Lot 3, 2 Town Hall Place
Desirable Childcare Investment
- Third largest city in New South Wales
- 10 + 10 + 10 + 10 + 10 year lease
- Net income of $275,000* per annum
To be sold on behalf of Ken Whittingham and David Webb of PricewaterhouseCoopers (as Receivers and Managers), Colliers International are pleased to offer this superb investment in NSW’s third largest city via Public Auction on Wednesday, 6 March 2019.
Key investment highlights include:
- 100% stratum interest
- Situated within an emerging location that has seen $1.3 billion* of investment over the past four years with a further $300 million* anticipated to be invested over the next 2 – 3 years
- Strategically located in the heart of Wollongong CBD, within a bustling mixed-use precinct only 1.1 kilometres* from Wollongong Train Station
- Service approval for 82 licensed places
- Huge floorplate consisting of indoor and outdoor areas plus basement parking
- Fully leased to Oxford Multicultural Childcare, a subsidiary of ‘Little Peoples Early Learning Centre’, a thriving business that currently operates 14 child care centres throughout New South Wales
- Stable lease term that commenced in 2017 and provides up to 50 years of lease security
- Returns $275,000* per annum net
- Favourable annual reviews to the greater of 4% and CPI
For further information don’t hesitate to contact the exclusive agents.
* Approximately
Key investment highlights include:
- 100% stratum interest
- Situated within an emerging location that has seen $1.3 billion* of investment over the past four years with a further $300 million* anticipated to be invested over the next 2 – 3 years
- Strategically located in the heart of Wollongong CBD, within a bustling mixed-use precinct only 1.1 kilometres* from Wollongong Train Station
- Service approval for 82 licensed places
- Huge floorplate consisting of indoor and outdoor areas plus basement parking
- Fully leased to Oxford Multicultural Childcare, a subsidiary of ‘Little Peoples Early Learning Centre’, a thriving business that currently operates 14 child care centres throughout New South Wales
- Stable lease term that commenced in 2017 and provides up to 50 years of lease security
- Returns $275,000* per annum net
- Favourable annual reviews to the greater of 4% and CPI
For further information don’t hesitate to contact the exclusive agents.
* Approximately
Property ID: 503082634Last Updated: 10 Mar 2022
Colliers - WollongongLevel 2, 63 Market Street
WOLLONGONG, NSW 2500
WOLLONGONG, NSW 2500
Contact Agency
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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