31 Iron Street, North Parramatta

This is a unit located on a lot in 100/DP1171203 North Parramatta NSW. In the council area City Of Parramatta, featuring 0 bedrooms, 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
1402 m2
Building size
364 m2
Council area
City Of Parramatta
Year built
n/a
Lot plan
100/DP1171203 North Parramatta NSW
House type
Commercial: Industrial Building



HISTORY

Last sold 25/10/2016
$3,990,000



LISTING DESCRIPTION
as of October 2016

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.