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

Tintenbar, 2478 demographic data

The median household income for Tintenbar is $1,896, 32% higher than Regional New South Wales's household income of $1,434. Tintenbar has an older age profile compared to the rest of Regional New South Wales (median age 46 vs 43). Property ownership data shows 37% of property owners in Tintenbar have a mortgage.

618

Population

$1,896 per week

Median household income

46 years

Median age

Owners

Most residents

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