24-28 Leyland Street , Onekawa is a fantastic investment opportunity well worth considering. The property has a net lettable floor area of 2,285m2 sitting on an impressive 4,442m2 of prime Onekawa land.
The property comprises two tenants . The anchor tenant is Little Magpies childcare centre. A privately owned company who have been onsite for over twenty five years and is licensed for 100 children. The annual rent for Little Magpies is $180,000 net plus opex plus GST with three yearly rights of renewals till May 2042. The second tenant is Whatever it takes trust, a registered charity doing great things in the community. Whatever it takes trust have just had a market rent increase to $85,600 + opex + GST the lease has a final expiry of September 2030.
For further information or for a copy of the information memorandum , please contact the sole listing agent Shannon Caldwell.
Investment Highlights:
• Two long standing tenants
• 4,442m2 land area
• 2,285m2 floor area
• Net rental combined of $265,600 + opex + GST
