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Address available on request Kambah, ACT 2902

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Kambah, ACT 2902

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Childcare Investment with 10 year Lease

Located adjacent to the main trunk road connecting all major Canberra centres is this prime opportunity to purchase a long lease holding in the very tight Canberra investment market. Leased to Goodstart Early Learning on an initial 15 year lease which commenced in 2007 with 2 x 5 year options, the tenant has demonstrated commitment to the property by recently exercising their first 5 year option, signifying longevity in one of the most demanded geographic regions of Canberra. Accordingly, the lease has a remaining 10 year term with expiry 2027.

The investment is very-well located nearby health and school facilities, supermarkets, retail, food services and other core domestic amenities. The property is also positioned approximately 1 kilometre from the thriving Tuggeranong Town Centre, which accommodates a major retail and Government workforce including Department of Human Services and Department of Social Services.

This will be one of the best value investments offered for sale this year.

• Leased to established Goodstart Early Learning expiring June 2027
• Net Income: $155,430 per annum
• Prime location, adjacent to major arterial roads, widening potential catchment area
• Triple net lease with tenant paying 100% of outgoings.

Please contact Knight Frank Canberra for full details.

Property ID: 502491690Last Updated: 3 May 2023

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02 6230 78...
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Address available on request
Kambah, ACT 2902
Knight Frank - Canberra
Suite 9.02, 5 Constitution Avenue
CITY, ACT 2601

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