10 Downes Street, Belfield

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
647 m2
Building size
-
Council area
Canterbury-Bankstown
Year built
n/a
Lot plan
23/DP6810 Belfield NSW
House type
Commercial: Office Building



HISTORY

Last sold 12/12/2017
$2,959,000



LISTING DESCRIPTION
as of December 2017

New 20 + 10 + 10 Year Lease 100% Full Occupancy Long established 38 place childcare centreNew 20 year lease until August 2037 + 10 + 10 year optionsAttractive 4% pa rental increasesLeased to Oz Education: growing and progressive childcare provider with 10 current locations and 3 under constructionZoned R3 Medium Density ResidentialLocated 50 m from Belfields busy retail strip opposite council carparkDominant inner west suburb just 12km from Sydney CBDNet lease with full recovery of outgoings incl Management feesSecurely leased with six months rental guaranteeNet Income: $146,300 pa + GST (Rising to $308,232 in 2037)