sold
Code

CC190 sold

Location

Sydney St George area

The opportunity

Zoning A residential

Asking Price

Young girl smiling while on a playground slide at a childcare center in the St George area of Sydney
General Information

Rarely available in the St George area is this freehold, 29 place, child care centre as a going concern. Situated in a blue chip established street, the centre itself is also very well presented.
The centre was established by the vendor in 1992 and has high occupancy resulting in very good income and profit.
The operating hours were extended to 7.30am – 6pm in November 2017 which will be beneficial as the commuter market will now be captured.

Options for the purchaser would include:
1. Continue to operate the child care centre as a going concern. Potentially benefit from long term capital growth of the property.

2. Keep the property and sell the existing child care centre business. Become lessor/landlord, the rent received contributing to mortgage repayments. Potentially benefit from long term capital growth of the property

This is a wonderful opportunity – own a 29 place freehold child care property and business in this excellent suburb.
Huge potential for a motivated owner operator or investor

For further details please contact David Ferguson 0412 488 295, or follow the email link below

More Information