Impressive Childcare Investment
19 Lindisfarne Road , Huntfield Heights SA
Property Highlights
Description
+ New 15 year net lease to Huntfield Heights Early Learning to 2036
+ Two further 10 year options to 2056
+ Huntfield Heights Early Learning: highly experienced and successful provider with numerous locations including the Eden Academy network of centres
+ Long standing child care centre, operating for 15+ years
+ Tenant pays all usual outgoings
+ Attractive 3% annual rent increases
+ Impressive facility with service approval for 75 LDC places
+ Newly refurbished centre with significant depreciation benefits
+ Large 2,050sqm site, 200m from Huntfield Heights Primary School, 2.5 kilometres from the Woolworths / Coles anchored Colonnades Shopping Centre and with ease of access to both Main South Road and the Southern Expressway
+ Huntfield Heights: southern suburb of Adelaide and only 25 kilometres from the CBD
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Stamp Duty free investment opportunity
+ Net Income: $195,000 pa + GST
For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 15 December 2021
River Room, Crown Casino, Melbourne
*Mitchell Institute, Australian Investment in Education: Early Learning.
RLA 293472
Property Details