Share this property

realcommercial.com.au
CI Australia Pty Limited

50 Tennyson Avenue Turramurra, NSW 2074

Directions

50 Tennyson Avenue,
Turramurra, NSW 2074

Shops & Retail • Development Sites & Land • Medical & Consulting

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Tenure type

Sold on

CI Australia Pty Limited
Addison Hunter

CI Australia Pty Limited

Level 7, 2 Elizabeth Plaza
NORTH SYDNEY, NSW 2060
04086708...
CI Australia Pty Limited
50 Tennyson Avenue
Turramurra, NSW 2074

Map of 50 Tennyson Avenue

Directions

Strategic Child Care Investment

For the first time in over 35 years CI Australia is delighted to offer 50 Tennyson Ave, Turramurra For Sale by Expressions of Interest closing 31st May at 4:00pm.

50 Tennyson Ave is a strategic childcare investment with exceptional value-add options. The substantial 773sqm (approx.) corner block is currently leased to the well-regarded childcare operator; Only About Children (OAC) and has been a childcare/ kindergarten for over 35 years. 50 Tennyson Ave provides an exceptionally rare opportunity to acquire a corner block with compelling investment fundamentals.

Key Features Include:
- Rare Turramurra childcare opportunity
- Incredible value add options
- Market rent review: January 2025
- First time offered in over 35 years
- Land tax free: childcare exemption
- Land Area: 773sqm (approx.)
- 77m (approx.) of street/ car park frontage
- Annual rental increases: 4%
- Affluent and well-regarded neighborhood
- Turramurra medium house price: $3,000,000 (approx.)
- Onsite under parking for 3 cars
- Strong covenant: Only About Children who operate over 75 campuses across Sydney, Melbourne and Brisbane (OAC is owned by the Bright Horizons)
- Bus stop less than 100m away

For more information or to arrange an inspection please contact Addison Hunter on 0408 670 8....

Property ID: 504312616Last Updated: 30 Jul 2023

CI Australia Pty Limited
Level 7, 2 Elizabeth Plaza
NORTH SYDNEY, NSW 2060
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from CI Australia Pty Limited

Other properties you might be interested in based on the location and property type you are looking at.