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22 Saunders Road Ermington, NSW 2115

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22 Saunders Road,
Ermington, NSW 2115

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32 Place Childcare Centre 10 Year Lease Plus Residence

Two level building divided into childcare centre plus 4 bedroom residence.
Two strata title lots, to be sold in one line.
10 year lease to Childcare tenant expires Jan. 2024 plus 4 x 5 year options.
Childcare tenant operates multiple centres.
Residence with new 12 month lease.
High occupancy levels.
Annual rent increases of 4.5%.
Net Income: $126,321 pa + GST.

Auction 2pm Tues 24 June, 50 Margaret St Sydney

Dean Venturato 0412 840 222

Ermington, 2115 demographic data

The median household income for Ermington is $1,993, 4% lower than Greater Sydney's household income of $2,077. Ermington has a similar age profile compared to the rest of Greater Sydney (median age 37). Property ownership data shows 59% of property owners in Ermington have a mortgage.

12,686
Population
$1,993 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
02 9232 62...
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22 Saunders Road
Ermington, NSW 2115
CBRE - NSW
Level 21, 363 George Street
SYDNEY, NSW 2000

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