SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Impressive Childcare Investment

19 Lindisfarne Road , Huntfield Heights SA

Property Highlights

New 15 Year Net Lease to 2036 + options
Fixed 3 % annual rent increases
Stamp duty free investment

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

Listing
Sale
Current Tenant
Tenanted
Land Size
2,050 SQM
Building Area
500 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights