20 Phoenix Drive,
Tintenbar, NSW 2478

Popular longstanding 53 place Child Care Centre situated at the entrance to the million dollar Phoenix Park Estate located between the expanding coastal town of Lennox Head and the regional city of Lismore. Also located nearby is Ballina Heights Estate and Teven-Tintenbar Primary School. The centre is operated by Bright Horizons Australia. Added bonus of a 3 bedroom, 2 bathroom residence which is separately leased at below market rent. Ideal opportunity for the investor to secure this quality property and enjoy the income stream it will provide for years to come.

- Construction: Brick
- Total Building Area: 698m2 approx.
- Land Area: 5,492m2
- Car parking on site

Child Care Centre
- Lease: 5 yrs + 3 yrs
- Lease Commenced: 1.9.14
- Rent Review: Annually to C.P.I
- Outgoings: Paid by tenants
- Current Rent: $92,140 pa + GST

Residential
- Lease: 13 months
- Lease Commenced: 1.12.16
- Outgoings: Paid by landlord
- Rent: $15,600 pa