Major Childcare Investment Opportunity
Starr partners are pleased to present for sale by Expressions Of Interest Lot 41 Aberglassyn Road, Rutherford.
Currently under construction is this purpose-built 100 place Child Care facility due to be completed late 2017.
Strategically located within a major growing residential area, 300 metres from the New England Highway, 600 metres from local Primary & High Schools, 1 km from Woolworths shopping Centre, less than 2km from Maitland Hospital and the Main CBD of Maitland.
Rent: $235,000pa Net
Lease Term: 15 years x 10 years x 10 years, commencement late 2017
Reviews: 3% annual rent increases plus market review at options with 'ratchet' provisions ensuring guaranteed rental growth.
Outgoings: 100% payable by Lessee
Expressions of Interest closing 1 December 2017
Contract and Information Memorandum available upon request.