Secure 10 Year Net Lease Childcare Investment – 0% Stamp Duty Payable on Purchase
83-85 Grange Road, Welland SA
Property Highlights
10 Year Net Lease + options to 2048
Tenant pays usual outgoings +7% man fee
3,212 sqm 'Mixed Use' zoning site
Description
+ 10 year Net Lease to 2028
+ Two further 10 year options to 2048
+ Tenant pays all usual outgoings plus 7% pa management fees
+ Precious Cargo: premium early education provider with a network of 10 centres across Adelaide
+ Impressive 1,069 sqm double storey child care facility, licensed for 167 LDC places
+ Large 3,212 sqm main road site only 4km from the Adelaide CBD and with favourable “Mixed Use” zoning
+ Net Income: $351,783.40 pa (plus 7% management fees)
For Sale by Auction
12 noon Wednesday 30 October 2019
Crown Casino, Melbourne VIC
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
3,212 SQM
Building Area
1,069 SQM