102 Warrimoo Avenue,
St Ives, NSW 2075

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$4,075,000

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Diversify Your Portfolio: Rare Childcare & Residential Investment. Brand New 15 Year Lease

Brand New 15 Year Commercial Lease
Attractive 3.5% Annual Rent Increases
100% Leased to Handprints ELC

New 15 year commercial lease to 2032 across both childcare and residential premises.
Secure 10 + 10 year options to 2052.
Fully leased to Handprints ELC: quality focused boutique centre with 100% occupancy.
Significant 916.9 sqm corner block with 30 place childcare centre plus 3 bedroom residence, built 2014.
Located in St Ives: an affluent and established residential suburb only 21 km north of Sydney's CBD.
Potential for generous tax depreciation benefits.
Attractive 3.5% annual rent increases throughout the lease term.
Tenant pays all usual outgoings as per lease.
Net income: $190,000 pa = GST.

Property ID: 502515538Last Updated: 26 Jun 2018

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