Childcare Investment backed by ASX-Listed Covenant
Description
RWC Adelaide & Burgess Rawson 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.
Enquire
Contact agents
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Natalie Couper Partner
0413 856 983
Adam Thomas Partner | Managing Director QLD
0418 998 971Enquiry Form
Blackwood, SA
346 Shepherds Hill Road
For Sale by Expression of Interest
This property is part of Portfolio 175
Price: Contact Agent
Contact agents
-
Natalie Couper Partner
0413 856 983 -
Adam Thomas Partner | Managing Director QLD
0418 998 971