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Dual Income Investment | Childcare + Residential Dwelling in Prime St Ives Location
Perfectly positioned just footsteps to St Ives Primary and High School, this is a unique opportunity to acquire a 17-place childcare centre, leased for $66,049.80 per annum + GST to Treewood Early Learning Centre until January 2034 with a further ten year option term. Adjoining is a residential home leased for $1200 per week returning an additional $62,400 per annum leased to February 2026.
– Combined passing income of $128,449.80 per annum
– Childcare leased to 2034 plus options and 3% annual increases
– Home consists of 4 bedrooms, 3 modern bathrooms and in-ground pool
– Land size 1088sqm, future sub-division potential
– Land tax exempt investment
– Underlying land value higher than expected sale price
– Located 450m to St Ives Primary School & St Ives High School
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries.
