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Don’t miss this excellent passive investment opportunity - a thriving suburban childcare centre in the desirable suburb of Churton Park with a new 10-year net lease.
This former 4-bedroom house has been strategically converted to house 40 children in a dedicated early-childhood education environment.
The bones of the residential history remain, with a full-size kitchen still in use, and multiple internal living areas now facilitating a childcare business running at full capacity.
The experienced operators have centres nationwide and have an extensive waitlist for enrolment at this popular location.
The childcare spans two titles over a 1,530sqm total land area, with the 252sqm building complimented by an expansive outdoor recreation area and a private carpark.
The potential purchaser will enjoy a net income of $114,400 + GST and Outgoings, with the bonus of periodic market reviews and annual CPI throughout the 10-year lease.
For more information or to organise a private viewing, give Grant or Simon a call.