Bexley NSW 2207
For Sale | $2,099,000
Daycare Investment PLUS Separate Residence. House - Property ID: 979132
Purpose built day care PLUS a separate 2 bedroom fully self-contained residence.
Opportunity to live on site and receive rent from the Day-care Centre, or increase the rental return and lease the additional residence.
Lease to Stepping Stones Early Learning Centre
5 x 5 x 5 Year lease commenced 2012. First 5 year option exercised in September 2017. Second 5 year option to September 2027.
Leased to Stepping Stones Early Learning Centre Bexley: highly experienced childcare provider with 40 years’ experience.
Well maintained facility licensed for 35 places.
Exceptional growth opportunity to increase placements (STCA)
The property is located in a high needs area surrounded by established housing and is approximately 3km to the M5 Bexley North | 2km to Kogarah Train Station | 2.5km to St George Hospitals | 2Km to Hurstville Westfield | 2.3km to Hurstville Train Station
Gross Rent from Stepping Stones $101,787 inc of GST.
Approximate outgoings per annum payable by Owner:
The 2 Bedroom residence has the potential to rent for $400 p/w, ($20,800.00 p/a).
Potentially increasing the income to $122,587 p/a.
Large land 15.24m x 45.72m = 696.77sqm
- Building Size Approx. - 330 m2
- Land Size Approx. - 696 m2