Share this property

realcommercial.com.au

78-80 Barton Street Monterey, NSW 2217

Directions

78-80 Barton Street,
Monterey, NSW 2217

Offices • Medical & Consulting

Price information

Sold

$4,920,000

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 78-80 Barton Street

Directions

ASX Listed Childcare Investment. 100% Occupancy: Large 1,646 sqm Site.

Established 90 placement childcare centre operating since 1995 in St George heartland just 12kms south of Sydney CBD.
Leased to Australia's largest ASX listed childcare operator, G8 Education until April 2017 plus options to 2027.
G8 recently purchased Bambino's business, subject centre currently operates at 100% capacity with waiting lists.
Massive 1,646 sqm site with drop-off and on-site parking.
Affluent surrounding young family demographics.
Close to Kogarah/Rockdale high rise residential development.
Tenant pays outgoings, as per lease.
Annual 3% rent increases.
Net Income: $219,050 pa + GST.

Auction 2pm AEST Tuesday 14 April 50 Margaret Street Sydney

Simon Staddon 0413 640 851

Property ID: 501489451Last Updated: 11 Jun 2015

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
02 9232 62...
realcommercial.com.au logo
78-80 Barton Street
Monterey, NSW 2217
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.