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47-51 Takari Street, BAROOGA NSW, 3644

Sold
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Property Sold in 47-51 Takari Street, BAROOGA NSW, 3644

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11265568
Status:
Sold
Price:
Price on Request
Last Updated:
29/05/2020
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Property Type

Medical/Consulting/Offices/Retail
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Land Area

1957 SQM
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Floor Area

500 SQM
Icon parking

Parking

N/A

Entry-Level Childcare Investment

Long secure 15 year lease to 2030
Two further 10 year options to 2050
Trikki Kidz: successful and experienced operator with excellent occupancy history consistently over 90%
Annual rental increases plus market review at options
Immaculate 500 sqm purpose built child care facility licensed for 66 places
Tenant pays all usual outgoings
Prominent 1,957 sqm main road site, with dual frontage and exposure to busy Cobram–Berrigan Road
Cobram / Barooga: important Murray Region service centre with a growing trade catchment area in excess of 20,000 residence
Net Income: $105,914 pa (as at February 2018 assume 2% CPI)

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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