75 PLACE + DA 75

A purpose built 75 place centre with a DA approval for a further 75 places leased to ABC Developmental Learning Centres Pty Ltd. Large land bank of 8072m2, huge depreciation benefits, long 10+5+5 year lease, current net rental approximately $114,000, ideal opportunity to secure a blue chip passive investment with positive upside. Land can be split/ subdivided with usage as a Childcare, Medical centre or shops.

* Public company tenant
* Big depreciation benefits
* Development upside
* Suit investor/ developer
* Prime location
* Full plans/ DA available
* Close proximity to schools