Lane Cove West 3 Chaplin Drive

A-grade freehold commercial space with investment rewards

Currently operating as a successful early learning centre, this ultra-modern commercial space represents a smart investment opportunity with a quality tenant and lease in place until 2033. It is centrally positioned in Lane Cove's industrial estate within strolling distance to bus transport, local cafes and all of the area's great lifestyle amenities.

The property is impeccably appointed throughout and is currently generating excellent income, making it perfect for the passive investor or SMSF wanting a guaranteed revenue stream, with scope for flexible use in the future. It offers an exceptional commercial package with a high standard of appearance, a quality interior fit-out and a premium 1,237sqm (approx.) block of land with quick and easy access to everything Lane Cove has to offer.

Currently leased by Mindchamps early learning & pre-school company
Achieving an annual gross return of around $300,000 plus outgoings
A secure 10-year lease in place including 4% rent increase each year
Quality fit-out with multiple classrooms play areas, nursery and offices
A generous 1,066sqm (approx) internal area plus a private courtyard
Full kitchen and bathroom facilities plus parking for up to 16 cars
Currently approved for a working childcare centre for 76 children
Option for an additional 6 parking spots & drop-off zone outside the centre
Fully air-conditioned, lift access, great natural light and airflow throughout
Ease of access for customers and staff with bus transport around the corner

Freehold building
Lots size: 1,237sqm (approx.)
Land zoning E4: General Industrial
Height of Buildings: 18 m
Council: Lane Cove Council

Water: $2,260.00 p/q (approx.)
Rates: $6,989.16 p/q (approx.)