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ROSE BAY |
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70–74 Dover Road |
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LOCATION
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STATUS
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Childcare Investment – 20 Year Lease |
A newly completed childcare investment leased to Jacobs Ladder
operator on a 20 + 10 year lease. The Centre benefits from its
strong location close to Rose Bay Public School and retail amenity.
The 1,609.5m2 (approx.) building sits on a site of 1,530m2 (approx.)
and has basement parking for 18 cars. The property is approved
for 112 Long Day Care (LDC) places which is broken into 2
centres, one with 76 places and the second with 36 places.
The childcare centre has generous outdoor play areas, 2
commercial kitchens, laundry, staff rooms, reception/lobby
areas and storage facilites.
• L ong lease to established childcare operator – 20 years
(exp Jan 2030) + 10 year option
• Strong fundamentals: Near Rose Bay Public School, great
natural light
• Net Income: $392,000 p.a. (approx.)
• 112 place centre catering for 0–5 years
• Depreciation Benefits – Newly completed centre in 2008
• Site area: 1,530m² (approx.) |
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