1/12 Northview Terrace,
Figtree, NSW 2525
Other
Price information
Sold
$1,520,000
Key property information
Floor area
Car spaces
Tenure type
Sold on
Map of 1/12 Northview Terrace
Long Lease to Child Care Centre - Investment Opportunity
* Unique opportunity to secure this ideal Investment Opportunity.
* Approximately 185 sqm of Ground Floor Strata Commercial Space.
* Little People's Current Lease from 1/07/2024 to 30/06/2039 with a 3 x 10 year options.
* Nett Rental Income $95,000 + GST + OUTGOINGS
* Potential Yield 6.5% - 6.1%
* Child care center approved for 18 month olds - 6 years olds.
* Includes 6 off street car spaces and rear yard.
* Excellent Commercial Strata Investment
Recent Comparable Sale:
7 Gibsons Rd, Figtree
15 Year Lease to Little People's - expiry in 2039
Currently returning $75,000 + GST Net Rent
4.9% Rental Yield
Sold 16th July 2024 - $1,520,000
* Approximately 185 sqm of Ground Floor Strata Commercial Space.
* Little People's Current Lease from 1/07/2024 to 30/06/2039 with a 3 x 10 year options.
* Nett Rental Income $95,000 + GST + OUTGOINGS
* Potential Yield 6.5% - 6.1%
* Child care center approved for 18 month olds - 6 years olds.
* Includes 6 off street car spaces and rear yard.
* Excellent Commercial Strata Investment
Recent Comparable Sale:
7 Gibsons Rd, Figtree
15 Year Lease to Little People's - expiry in 2039
Currently returning $75,000 + GST Net Rent
4.9% Rental Yield
Sold 16th July 2024 - $1,520,000
Property ID: 504627140Last Updated: 4 Dec 2024
WHK Commercial - WOLLONGONG
323 Keira StreetWOLLONGONG, NSW 2500
1/12 Northview Terrace
Figtree, NSW 2525
WHK Commercial - WOLLONGONG323 Keira Street
WOLLONGONG, NSW 2500
WOLLONGONG, NSW 2500
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