Impressive Childcare Investment - Highly Sought After Triple Net Lease
Description
+ New triple net lease to Paisley Park to 2049
+ Minimum 3% pa rent increases plus market reviews with ‘ratchet’ provisions
+ One of Adelaide’s fastest growth regions
+ Paisley Park: national early education provider with over 30+ years industry experience and a network of 25 centres
+ Impressive purpose-built child care adjoining character-filled heritage cottage and licensed for 136 LDC places
+ Tenant pays all outgoings including all maintenance (both capital and structural) insurances, rates and land tax
+ Substantial 3,588 sqm main road site within Mt Barker town centre
+ Significant depreciation benefits
+ Net Income: $421,600 pa + GST
Auction
11am AEST Wednesday 7 August 2019
River Room, Crown Casino, Melbourne
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Contact agents
Adam Thomas Partner | Managing Director QLD
0418 998 971
Natalie Couper Partner
0413 856 983Enquiry Form
Mount Barker, SA
43 Adelaide Road
- Sold Price: Contact Agent
This property was sold as part of Portfolio 130
Contact agents
-
Adam Thomas Partner | Managing Director QLD
0418 998 971 -
Natalie Couper Partner
0413 856 983
