2.11/247 Coward Street, Mascot, NSW 2020

CBRE, as the exclusive sales agent, is pleased to present 2.11/247 Coward Street, Mascot to the market. Centrally located in Mascot's Town Centre, this on-site childcare property spans 1244sqm* and is licensed for 90 places with a large outdoor play area. 

2.11/247 Coward Street, Mascot benefits from the following key attributes;
-  Leased to Story House Early Learning  – a national operator with 40+ centres across the Eastern States
- 15 year lease to 2033 with 5 + 5 year options to 2043 which provides ongoing income security for investors
- 90 place childcare 
- 1,244sqm* offering
- Annual net income of $433,500* with fixed 4% annual increases
- Tenants pay all outgoings
- Land tax exempt under NSW Land Tax Management Act 1956
- 16 secure on-site parking spots
- Prime location within the Sydney Airport to City Corridor and a major freight and logistics hub in Sydney 
- Easily accessed by road & public transport links via the Mascot Train Station (150m*) and numerous bus services (doorstep)
- Benefits from City Plan 2036 as council sets to meet residential and employment targets by 2036


2.11/247 Coward Street, Mascot, is offered for sale via Public Auction on Tuesday, 1 April, 2025 at auctionWORKS 50 Margaret Street, Sydney from 10:30am (AEDT).

For more information or to request access to the due diligence room, please contact the exclusive sales agent. 

Approx*