Business for sale in NSW , WYONG
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| Broker Details: | Benchmark Business Sales |
Passive Childcare Investment
Advert Id : 17827
Location: NSW
- WYONG -Warnervale
Category: Child Care Center
Financial summary
Asking Price: $755,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
Business description
Reference: 281
Location: Warnervale NSW
Number of Places: 39
NET: 8.25% YIELD
Rent (Per Annum): $62,262
Sale Price: $755,000
This is a great entry level passive childcare investment returning more than double what you would get in the residential market. Situated on 1,618m2 in a lovely natural setting, this centre has room to expand. The tenant is an experienced hands on local operator who has successfully run the business for many years. Recent upgrades like the bike track ensure the centre presents very well. Tenant pays 100% of outgoings, leased till 2018 with 10 year option. Minimum 3% yearly increase.
Call Andrew Urquhart 1300 366 521 or 0408 439 762
www.childcare4sale.com.au


