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Brand New Childcare Investment – Zero Stamp Duty

2 Hyacinth Crescent, Christie Downs SA

Property Highlights

New 10 Year Lease + Options to 2047

Tenant pays outgoings + 7% mgmt fees

100% Stamp Duty exemption

Description

Pay no Stamp Duty: 100% exemption applies
New 10 year lease to Treasured Tots to 2027 plus two 10 year options
Treasured Tots Montessori: a wholly owned childcare subsidiary of Precious Cargo Montessori with a network of 11 centres across Adelaide
New purpose-built 773 sqm child care facility, licensed for 137 LDC places
Annual CPI rent reviews plus market review at option
Tenant pays all usual outgoings plus 7% pa management fees (currently equating to $15,823 pa)
Strategic 3,290 sqm corner site located metres from Christie Downs Primary School and the Noarlunga retail precinct with Coles-anchored Colonnades Shopping Centre
Substantial taxation saving depreciation benefits
Net Income: $230,571 pa + $16,139 pa (management fees) as at Sep 2018

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
3,290 SQM
Gross Building Area
773 SQM

Contact Agents

Adam Thomas

+610 418 998971

Natalie Couper

0413 856 983

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