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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
Building Area
773 SQM

Contact Agents

Adam Thomas

+610 418 998971

Contact Me

Natalie Couper

0413 856 983

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