CHILDCARE INVESTMENT WITH 10 YEAR LEASE

• 29-place centre leased to Ocean View Community Kindergarten until December 2034
• Ten year lease with Two 5 year options, taking possible tenure to December 2044
• Year one rent of $85,000 + GST increases to $102,000 + GST in year two
• Generous 4% fixed annual rent increases for remainder of initial term
• Tenant pays 100% of council rates & water rates
• Elevated 689m2 holding with spectacular ocean and CBD views
• Long established centre located at the fringe of Wollongong City

Scheduled for auction at MMJ Wollongong Auction Rooms @ 6:00pm on Wednesday, 16th April 2025.

To pre-register to bid at auction, please use the following link:
https://buy.realtair.com/properties/161493

To arrange an inspection or for more information on the property, please contact the exclusive marketing agents.

Tim Jones - 0409 456 299
Travis Machan - 0447 300 800