SOLD - Camperdown (Sydney) - Prime Inner West Childcare - New 15 Year Lease to Blue Chip Tenant

Cushman & Wakefield is pleased to present to the market 1 Denison Street, Camperdown for Sale via Auction.

The property has the following key characteristics:

• Brand new 15 year net lease to 2036 + options to 2046
• Guardian Childcare & Education - Blue chip national operator with 120+ centres, backed by $160 Billion global investment powerhouse Partners Group
• Highly connected & convenient position only 50m to Parramatta Road (58,955+ vehicles daily)
• Newly reopened, fully refurbished childcare centre featuring well-appointed finishes, expansive 523 sqm roof-top playscape & providing strong depreciation benefits
• Expertly configured three storey 1,701 sqm childcare facility licensed for 110 LDC places
• Near major employment nodes of Royal Prince Alfred Hospital & University of Sydney
• Strategic childcare location amongst a high density catchment, 207,526 residents & 61 schools within 3 km
• Camperdown - Sought after suburb only 3 km to CBD
• Landlord favourable lease including termination clause after 10 years - Allowing for genuine development upside and alternate uses
• Secure net lease - Tenant pays all usual outgoings
• Land Tax free commercial investment
• Fixed 3% annual rent increases
• Net Income $410,000 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction on Thursday 25 November at 11am AEDT. The Auction will be held at Doltone House Hyde Park, located on Level 3/181 Elizabeth Street, Sydney.

Prospective purchasers & interested parties will have access to remote bidding facilities in both Brisbane & Melbourne as well as via our Live Stream & Online Bidding Platform, strictly via prior arrangement.

Please contact the exclusively appointed Cushman & Wakefield property professionals for more information.