26 Kelvin Road, St Ives

Perfectly positioned just footsteps to St Ives Primary and High School, this is a unique opportunity to acquire a 17-place childcare centre, leased for $66,049.80 per annum + GST to Treewood Early Learning Centre until January 2034 with a further ten year option term. Adjoining is a residential home leased for $1200 per week returning an additional $62,400 per annum leased to February 2026. - Combined passing income of $128,449.80 per annum - Childcare leased to 2034 plus options and 3% annual increases - Home consists of 4 bedrooms, 3 modern bathrooms and in-ground pool - Land size 1088sqm, future sub-division potential - Land tax exempt investment - Underlying land value higher than expected sale price - Located 450m to St Ives Primary School & St Ives High School Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries.