Tenancy 5/363 Hillsborough Road
Brand New Child Care Centre
Public Auction: 13th July 2017
Net Income: $245,000pa
Building Area: 644.10m2 (Approx)
This (96) place long-day child care centre established in the heart of Warners Bay near Newcastle has had 100% occupancy since the day it opened. The location is important as it is on one of the busiest arterial roads leading into the commercial/retail hub of Charlestown and the Newcastle CBD. It's features include:
Lease commencing (1st December 2016)
Lease term: (10) years with (10) year option
0 - 5 year old placements
Successful tenant with multiple centres
This centre is part of the Warners Bay Place - a new concept in providing commercial space for businesses providing services to families and children. As one of the (2) Little Beginnings child-care centres in the Warners Bay Place it benefits from having (195) on-site car parks as well as specialist services in allied health. An investment in child care centre provides a secure and stable income stream especially where the centre is conveniently located for families and part of a centre that is dedicated to family support.
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