Premium Inner Metro Childcare Investment (SA)

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

For Sale by Private Treaty asking $5,800,000.

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