Sold
346 Shepherds Hill Road,
Blackwood 5051, South Australia
Price withheld
Property details
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Agents
Childcare Investment backed by ASX-Listed Covenant
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.
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.
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Contact Jack Dyson
Jack Dyson
346 Shepherds Hill Road, Blackwood SA 5051
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Jack Dyson
346 Shepherds Hill Road, Blackwood SA 5051