Chance to buy a rare freehold Kindergarten with a blue chip tenant in a thriving location. The current rental is approx. $96,152 per annum net. All outgoings are paid by the tenant, with no land tax attached to the property. The term of the lease is 5 years + 5 years + 5 years with CPI increase annually, commencement 1 July 2006. The property is situated on 873 sq metres block and is modern throughout. The kindergarten is licensed for 58 children.