Deakin Early Learning Centre, 16/2 King St,
Deakin, ACT 2600

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Price information

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$5,275,000

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Floor area

Car spaces

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Map of Deakin Early Learning Centre, 16/2 King St

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Boutique Childcare Centre Investment Sale, Brand New 20 Yr Lease

Brand New 20 Year Lease
Attractive 4% Rental Increases
100% Occupancy

Brand new 20 year lease from 20 February 2018, plus options to 2058.
Property 100% leased to Deakin School for Early Learning, exceeding National Quality Framework standards.
Standalone boutique 90 place centre , 20+ years in operation, 100% occupancy.
Large 2,250sqm premises with 19 car spaces on title.
Recent tenant upgrades include decking improvements, new blinds and skylighting, kitchen and office refurbishment, partitions (approx. $150,000).
Close to educational, commercial and medical facilities within 2 King Street precinct in affluent suburb of Deakin.
Guaranteed rental growth with attractive 4% rental increases.
Net lease with tenant paying all usual outgoings.
Net income: $306,000 pa + GST (increasing to $644,000 + GST in 2037).

Property ID: 502684942Last Updated: 22 Apr 2018

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