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28-30 Bourke Street,
Queens Park, NSW 2022
Medical & Consulting • Offices • Development Sites & Land
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Sale - Auction Tue 20 Aug
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CBRE - Sydney
Level 21, 363 George StreetSYDNEY, NSW 2000
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28-30 Bourke Street
Queens Park, NSW 2022
Map of 28-30 Bourke Street
Train stations within 5 km of 28-30 Bourke Street, Queens Park, NSW 2022 Distance Bondi Junction Station 748 m Edgecliff Station 2.5 km Kings Cross Station 3.6 km Central Station 4.2 km NSW Trainlink 4.3 km POWERED BY HERE ©Tram stops within 5 km of 28-30 Bourke Street, Queens Park, NSW 2022 Distance Surry Hills 3.6 km Central Chalmers Street 4.1 km Central Station Light Rail 4.3 km Capitol Square Light Rail Station 4.5 km Paddy's Markets Light Rail Station 4.7 km POWERED BY HERE ©Bus stops within 5 km of 28-30 Bourke Street, Queens Park, NSW 2022 Distance Bourke St Near Cuthbert St 58 m Bourke St Near Birrell St 142 m Bronte Rd Near Waverley Court House 157 m Bourke St Near Arnold St 174 m Bourke St Near Queens Park Rd 220 m POWERED BY HERE ©
POWERED BY HERE ©
Premium Modern Purpose-Built Tenanted Childcare Facility with Long Lease
- 10 year lease to 2028 + 10 year option
- $340,284.83 p.a. net income + GST
- $4,450,000 median house price (2024)
CBRE, as the exclusive listing agent, is pleased to present 28-30 Bourke Street, Queens Park, to the market. This substantial property presents a rare investment opportunity to secure a long-standing childcare tenant with additional 2 x 3-bedroom units providing a strong and diversified stream of income.
28-30 Bourke Street, Queens Park, benefits from the following key attributes:
- 51 place childcare centre
- 2 x 3-bedroom residential units providing a unique blend of income
- Currently tenanted by Gingerbread Kindergarten on a 10-year lease to 2028 plus a 10-year option until 2038
- Compounding fixed 3% annual reviews
- $340,284.83 net income per annum
- Tenant pays 100% of council rates & 50% of water rates
- 606sqm* land parcel
- $4,450,000 Queens Park median house price in 2024
- Queens Park has a large appeal to young families providing demographic advantages
- Child Care is an essential service and one of Australia's most sought-after asset classes, heavily supported by government funding
- Well connected to public transport, a variety of amenities including shops, cafes & schools, making it a desirable location for families and professionals alike
- 5.8km* South East of Sydney CBD
28-30 Bourke Street, Queens Park will be offered for sale at CBRE's National Auction Series on Wednesday, 21st of August, 2024 from 10:30am onwards - Level 29, 177 Pacific Highway, North Sydney.
For more information or to request access to the due diligence room, please contact the exclusive sales agent.
*Approx
28-30 Bourke Street, Queens Park, benefits from the following key attributes:
- 51 place childcare centre
- 2 x 3-bedroom residential units providing a unique blend of income
- Currently tenanted by Gingerbread Kindergarten on a 10-year lease to 2028 plus a 10-year option until 2038
- Compounding fixed 3% annual reviews
- $340,284.83 net income per annum
- Tenant pays 100% of council rates & 50% of water rates
- 606sqm* land parcel
- $4,450,000 Queens Park median house price in 2024
- Queens Park has a large appeal to young families providing demographic advantages
- Child Care is an essential service and one of Australia's most sought-after asset classes, heavily supported by government funding
- Well connected to public transport, a variety of amenities including shops, cafes & schools, making it a desirable location for families and professionals alike
- 5.8km* South East of Sydney CBD
28-30 Bourke Street, Queens Park will be offered for sale at CBRE's National Auction Series on Wednesday, 21st of August, 2024 from 10:30am onwards - Level 29, 177 Pacific Highway, North Sydney.
For more information or to request access to the due diligence room, please contact the exclusive sales agent.
*Approx
Property ID: 504644664Last Updated: 22 Jul 2024
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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