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31-33 Iron Street North Parramatta, NSW 2151

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31-33 Iron Street,
North Parramatta, NSW 2151

Offices • Medical & Consulting

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Long-Term Childcare Investment. 10 + 10 + 10 Year Lease.

10 Year lease from August 2014 plus 10 + 10 year options to 2044.
Quality purpose-built childcare centre licenced for 60 places.
1,402 sqm corner site with modern 364 sqm building built 2007.
Experienced childcare operator associated with 20+ centres.
Established centre with strong history of high occupancy levels.
Parramatta: western metropolitan suburb of Sydney with an estimated population of 189,932 (2015) and within 30 km of the Sydney CBD.
Attractive taxation depreciation benefits.
Lease requires tenant to pay outgoings.
Easily managed, single tenanted investment.
Net Income: $206,448 pa + GST.

North Parramatta, 2151 demographic data

The median household income for North Parramatta is $1,703, 18% lower than Greater Sydney's household income of $2,077. North Parramatta has an older age profile compared to the rest of Greater Sydney (median age 38 vs 37). Property ownership data shows 56% of property owners in North Parramatta have a mortgage.

12,064
Population
$1,703 per week
Median household income
38 years
Median age
Renters
Most residents
Families
Most households
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31-33 Iron Street
North Parramatta, NSW 2151
CBRE - NSW
Level 21, 363 George Street
SYDNEY, NSW 2000

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