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Childcare, 2 King Street, Deakin, ACT 2600

Childcare, 2 King Street, Deakin, ACT 2600

Medical/Consulting Retail Showrooms/Bulky Goods

  • Sold Contact Agent
  • Tue 20-Jul-21

  • Floor Area
  • 624 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Jul 20, 2021
  • Car Spaces
  • 19
  • Parking Comments
  • 19

Interested in this property? Contact an Agent today

Civium Property Group - Commercial Sales & Leasing - PHILLIP

17-23 Townshend Street

Phillip ACT 2606

Andrew Smith

17 year WALE - Childcare Centre - Leased until 2038

The Deakin School for Early Learning is a long standing childcare centre, well located in Canberra's Inner South suburb of Deakin. The property contains an outstanding tenant on excellent lease terms. This is a exceptional investment opportunity for the yield based investor.

Some features of this opportunity are:
* 20 year lease to Deakin School for Early Learning, expiring in 2038.
* Annual net rent of $344,208 per annum plus GST
* 90 place centre operating at effective capacity.
* 4% annual rent increases for next 17 years of the lease.
* Tenant pays 100% of all outgoings, including Body Corporate Fees, Rates & Water & Sewerage.

Located in Deakin, the building is in close proximity to the CBD, inner south and Woden. In addition to the existing office buildings already within the precinct, there is a new Government office building under construction adjacent to the property. These buildings provide a constant supply of potential clients to the centre.

For more information, please contact Andrew Smith on 0409 600 471 or

For Sale Via Expressions of Interest, closing at 11am, Thursday the 1st of April

Childcare, 2 King Street, Deakin, ACT 2600

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