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43 Adelaide Road, Mount Barker, SA 5251

43 Adelaide Road, Mount Barker, SA 5251

Medical/Consulting Retail Other

  • Sold Contact Agent
  • Thu 25-Jul-19

Impressive Childcare Investment - Highly Sought After Triple Net Lease

  • 20 + 10 year triple net lease to 2049
  • Minimum 3% rent increases
  • 3,588 sqm main rd site in town centre

  • Land Area
  • 3588.00 m² (approx)
  • Floor Area
  • 1 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Sep 14, 2020

Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street

Melbourne Vic 3000

Adam Thomas, Burgess Rawson - Melbourne
Adam Thomas
Natalie Couper, Burgess Rawson - Melbourne
Natalie Couper
Savills - Adelaide (RLA 1786)

Level 2, 50 Hindmarsh Square

Adelaide SA 5000

Steve Bobridge, Savills - Adelaide (RLA 1786)
Steve Bobridge
Peter Isaksson

Impressive Childcare Investment - Highly Sought After Triple Net Lease

+ 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

43 Adelaide Road, Mount Barker, SA 5251

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