22-24 Dunning Avenue,
Bateau Bay, NSW 2261
Warehouse, Factory & Industrial • Offices • Medical & Consulting
Price information
Sale
$3,050,000 (No GST - Sale of Going Concern)
Key property information
Floor area
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Knight Frank - Central Coast
Suite 401 / 1 Bryant DrTUGGERAH, NSW 2259
22-24 Dunning Avenue
Bateau Bay, NSW 2261
Map of 22-24 Dunning Avenue
Bus stops within 5 km of 22-24 Dunning Avenue, Bateau Bay, NSW 2261 Distance Cresthaven Av at Dunning Av 51 m Cresthaven Av at Aurora Pl 167 m Dunning Av at Robert Pl 168 m Dunning Av at Epsom Pl 188 m Cresthaven Av Opp Lancaster Pde 243 m POWERED BY HERE ©
POWERED BY HERE ©
Quality childcare investment
Knight Frank Central Coast are pleased to present this sought after investment property located at 22-24 Dunning Avenue, Bateau Bay for sale via Private Treaty.
The property has the following investment highlights:
- A fresh five (5) year net lease to 2029.
- Two (2) further five (5) year options to 2039.
- Excellent established tenant: Nationally accredited, privately owned and operated early education provider.
- Landlord–favourable 3% or CPI (whichever is the greater) annual rent increases, ensuring rental growth.
- Tenant pays outgoings including all council rates and water sewage and drainage charges (land tax listed but not applicable).
- 415 sqm* net lettable area single and two storey childcare facility approved for 59 long day care places with undercover car spaces on Title.
- Quality construction on a substantial 1,253 sqm* corner site positioned within close proximity to Bateau Bay Public School and within 1.5 km* of Bateau Bay Beach.
- Located close to Bateau Bay Square; a major retail centre anchored by a wide range of national retailers including Kmart, Coles, Aldi & Woolworths and over 85 specialty stores.
- Seamless connectivity with Central Coast Highway and The Entrance Road, a major arterial road connecting the north and central areas of the Central Coast with over 18,000 passing vehicles daily*.
- Partial Net Income: $163,200 p.a.* + GST
Please contact the exclusively appointed Knight Frank team for more information.
*Approximate
The property has the following investment highlights:
- A fresh five (5) year net lease to 2029.
- Two (2) further five (5) year options to 2039.
- Excellent established tenant: Nationally accredited, privately owned and operated early education provider.
- Landlord–favourable 3% or CPI (whichever is the greater) annual rent increases, ensuring rental growth.
- Tenant pays outgoings including all council rates and water sewage and drainage charges (land tax listed but not applicable).
- 415 sqm* net lettable area single and two storey childcare facility approved for 59 long day care places with undercover car spaces on Title.
- Quality construction on a substantial 1,253 sqm* corner site positioned within close proximity to Bateau Bay Public School and within 1.5 km* of Bateau Bay Beach.
- Located close to Bateau Bay Square; a major retail centre anchored by a wide range of national retailers including Kmart, Coles, Aldi & Woolworths and over 85 specialty stores.
- Seamless connectivity with Central Coast Highway and The Entrance Road, a major arterial road connecting the north and central areas of the Central Coast with over 18,000 passing vehicles daily*.
- Partial Net Income: $163,200 p.a.* + GST
Please contact the exclusively appointed Knight Frank team for more information.
*Approximate
Property ID: 504716616Last Updated: 24 Oct 2024
Knight Frank - Central CoastSuite 401 / 1 Bryant Dr
TUGGERAH, NSW 2259
TUGGERAH, NSW 2259
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