Premium Inner Metro Childcare Investment (SA)

Description

RWC Adelaide together with Burgess Rawson are pleased to present to market 2 Maryvale Road, Athelstone, offered for sale by Expression of Interest.

• Well-located in the northeastern suburbs of Adelaide, some 11km* from the Adelaide CBD
• Prominent positioning within a significant schooling precinct, situated amongst 11 schools within a 3km* radius, servicing a combined 10,200+ students
• Expansive corner allotment of 2,276sqm* with high exposure and frontage to Gorge Road and access off Maryvale Road
• Premium purpose built childcare centre for 103 LDC places, offering strong depreciation benefits
• Long term lease to Children First Early Education, an established operator in collaboration with sister network, Imagine Childcare. Together they boast a growing national childcare network of over 32 centres
• Estimated net income of $337,893 per annum plus GST, with fixed 3% annual rental increase
• No stamp duty payable

*Approx

2 Maryvale Road, Athelstone, is offered for sale by Expression of Interest closing Thursday 23rd of May 2024 at 4pm (ACST).

Enquire

Contact agents
Natalie Couper Partner
0413 856 983
Adam Thomas Partner | Managing Director QLD
0418 998 971
Enquiry Form

Athelstone, SA

2 Maryvale Road

For Sale by Expression of Interest

This property is part of Portfolio 168

Price: Contact Agent

View Portfolio
Contact agents
Enquire