CBRE are pleased to present to market Little Zak’s Academy Elizabeth Downs located at 26 Hamblynn Road, Elizabeth Downs SA for sale via Portfolio Auction 182.

The property has the following investment highlights:

+ Brand new twelve (12) year lease to 2037
+ Three (3) further ten (10) year options to 2067
+ Head lease to Little Zak’s Academy
+ Little Zak’s Academy: Privately owned childcare provider with 48 centres operating across NSW and SA
+ Fixed 3% annual rental increases with market reviews on lease renewal
+ Tenant responsible for all outgoings excluding land tax and management fees
+ Brand new 673 sqm* single-storey childcare facility approved for 95 LDC places
+ Accessible from Hamblynn Road and Campbell Road
+ Significant depreciation benefits on offer
+ Corner site of 1,298 sqm* located within 200m* of Elizabeth Downs Primary School
+ Prominently located within a dominant retail precinct, adjacent IGA Elizabeth Downs & within close proximity to major retail centres Munno Parra Shopping City & Elizabeth Shopping Centre
+ Easily accessible from Main North Road, the major arterial road connecting the Adelaide CBD to the northern suburbs with an estimate of 43,700* passing cars daily.
+ High demand for childcare in the immediate vicinity with ration of 4.04 children per available place (GapMaps)
+ City of Playford: City of Playford: thriving commercial & agricultural region with a population forecast to increase 82.5% to 183,890 by 2046
+ Stamp duty free commercial leased investment
+ Net Income: $351,500 p.a.

For sale by Investment Portfolio Auction 182

Please contact the exclusively appointed CBRE team for more information
Oliver Grivell: 0478 069 579
Rhyce Scott: 0422 960 585

*Approximately
RLA208125