20 Phoenix Drive,
Tintenbar, NSW 2478

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Child Care Centre Investment

Popular longstanding 53 place Child Care Centre situated at the entrance to the million dollar Phoenix Park Estate located between the expanding coastal town of Lennox Head and the regional city of Lismore. Also located nearby is Ballina Heights Estate and Teven-Tintenbar Primary School. The centre is operated by Bright Horizons Australia. Added bonus of a 3 bedroom, 2 bathroom residence which is separately leased at below market rent. Ideal opportunity for the investor to secure this quality property and enjoy the income stream it will provide for years to come.

- Construction: Brick
- Total Building Area: 698m2 approx.
- Land Area: 5,492m2
- Car parking on site

Child Care Centre
- Lease: 5 yrs + 3 yrs
- Lease Commenced: 1.9.14
- Rent Review: Annually to C.P.I
- Outgoings: Paid by tenants
- Current Rent: $92,140 pa + GST

Residential
- Lease: 13 months
- Lease Commenced: 1.12.16
- Outgoings: Paid by landlord
- Rent: $15,600 pa

Property ID: 502204126Last Updated: 19 Apr 2017

04044426...

20 Phoenix Drive

Tintenbar, NSW 2478

04044426...

LJ Hooker - Ballina

89 River Street
BALLINA, NSW 2478

Dean Shay
04044426...

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