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RWC  - Western Sydney

5 Lillyana Street Schofields, NSW 2762

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5 Lillyana Street,
Schofields, NSW 2762

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RWC  - Western Sydney
Victor Sheu
Peter Vines

RWC - Western Sydney

15-17 Argyle Street
PARRAMATTA, NSW 2150
RWC  - Western Sydney
5 Lillyana Street
Schofields, NSW 2762

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Brand New 72-Space Childcare, 10 + 10 Triple Net Lease

  • Brand new childcare centre
  • Returning $295,200 p.a net + GST
  • 10 + 10-year lease, 4% annual increases
Ray White Commercial is pleased to present the opportunity to purchase 5 Lillyana Street, Schofields.

A 100% occupied childcare centre situated in the thriving Western Sydney, it is currently leased to Young Academics,a well-known childcare provider which has been operating over 10 years across Metropolitan Sydney area.

5 Lillyana Street, Schofields offers the following key attributes to investors:

• Net income of $295,200 + GST with 4% annual increases
• Brand new 10+10-year triple net lease (2040)
• All outgoings paid by tenant
• Approved for 72 children
• Purposely-built childcare centre leased to Young Academics
• Newly completed building offering significant depreciation benefits
• Vast land holding of 1,564m2*
• 10mins* walking distance to Schofields Station and retail precinct

The property is offered for sale via Public Auction on Tuesday 1 September 2020 at 10:30am.

Venue: AuctionWorks, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000

For further information, please contact the below exclusive selling agents.

Property ID: 503619498Last Updated: 3 Nov 2020

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