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22 Saunders Road Ermington, NSW 2115

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22 Saunders Road,
Ermington, NSW 2115

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32 Place Childcare Centre 10 Year Lease Plus Residence

Two level building divided into childcare centre plus 4 bedroom residence.
Two strata title lots, to be sold in one line.
10 year lease to Childcare tenant expires Jan. 2024 plus 4 x 5 year options.
Childcare tenant operates multiple centres.
Residence with new 12 month lease.
High occupancy levels.
Annual rent increases of 4.5%.
Net Income: $126,321 pa + GST.

Auction 2pm Tues 24 June, 50 Margaret St Sydney

Dean Venturato 0412 840 2...

Property ID: 501156179Last Updated: 21 Aug 2014

04128402...
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22 Saunders Road
Ermington, NSW 2115
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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