Childcare Investment backed by ASX-Listed Covenant

Description

RWC Adelaide & CBRE are proud to exclusively present for sale 346 Shepherds Hill Road, Blackwood SA. With significant federal government funding underpinning the childcare industry, a lucrative investment opportunity presents with an attractive yield, backed by an ASX-listed tenant profile. Key property attributes:
+ Well-located only 12km* from the Adelaide CBD, positioned in the heart of Blackwood immersed amongst the commercial and retail hub of Woolworths, Coles, and the newly developed Blackwood Community Hub
+ Large land holding of 2,205 sqm* with frontage of 36m* to Shepherds Hill Road with around 28,000 daily passing vehicles
+ Leased to Mayfield Early Education Pty Ltd a wholly owned subsidiary of Mayfield Childcare Ltd (MFD:ASX)
+ A 100-place LDC childcare centre, built in 2017 offering 619 sqm* of enclosed building with outdoor play areas and open space car parking
+ Semi-gross lease structure with CPI annual rent reviews
+ Estimated net income of $269,886 per annum plus GST
+ No stamp duty payable For Sale by Expression of Interest closing Friday 14th March at 4pm. For further information please contact the exclusive selling agents..
*Approx.

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Contact agents
Natalie Couper Senior Director
0413 856 983
Adam Thomas Senior Director
0418 998 971
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Blackwood, SA

346 Shepherds Hill Road

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