204 Mowbray Road, Artarmon

At this address is a house on a lot in 1/DP4350 Artarmon NSW. It has an estimated value of $2,845,000. In the council area Willoughby, featuring 0 bedrooms and 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
696 m2
Building size
-
Council area
Willoughby
Year built
n/a
Lot plan
1/DP4350 Artarmon NSW
House type
House: One Storey / Lowset



HISTORY

Last sold 05/04/2016
$2,410,000



LISTING DESCRIPTION
as of April 2016

Trophy Childcare Investment. 15 + 10 + 10 Year Lease. 26 place childcare centre with 100% occupancy.15 year lease expiring Jan 2026 plus two further 10 year options to 2046.Over 20 years of successful operation as a leading childcare centre.Freehold 696 sqm site with corner exposure to Mowbray Road and combined 76 m frontage to three streets.Chatswood: One of Sydney's blue ribbon and most sought after locations, only 8 km north of Sydney CBD.Rapidly growing population projected to grow by 54% by 2036.Net lease with tenant paying all outgoings.Fully air conditioned with tenant responsible for 100% of repairs and maintenance and replacement.Annual rent increases.Net Income: $94,000 pa + GST.