Sold

237 Bridge Road,
Ingle Farm 5098, South Australia

2,081m² land size
651m² building size
Other

Price withheld


Brand New Metro Adelaide Childcare Investment - 15 Year Lease to National Tenant

Stonebridge & RWC Adelaide is pleased to present 'Children First Early Education Ingle Farm (Adelaide)' for sale via Expressions of Interest closing Thursday 6 March at 3pm.

The asset has the following key investment features:

- New 15 year net lease to 2039, plus options to 2059, with fixed 3% annual rent increases

- Children First Early Education - Premium national childcare operator with a network of 25+ centres and successful 25+ year history in the sector

- Expansive 2,081 sqm* corner site featuring 90m* of dual street frontage and exposure to key arterial Bridge Road, servicing 28,900+ vehicles daily

- Brand new childcare facility licensed for 92 LDC places, offering significant tax depreciation benefits

- Strategic childcare position just 280m* to North Ingle Primary School, plus a further 15 schools within a 3 km* radius

- Easily accessible to Coles, Aldi & K-Mart anchored Ingle Farm Plaza Shopping Centre (4.6M+ visitors annually)

- Part of high-growth LGA 'Salisbury City', boasting a $9.5Bn* Gross Regional Product and supporting 65,000+ local jobs

- Located within 130m* of 'Sailsbury City's' largest residential development, expected to feature 220 new dwellings

- Ingle Farm - Family-centric metropolitan Adelaide suburb just 12km* from CBD, residential land values have recorded a 20% increase over past 12 months

- Tenant pays all usual outgoings including rates, insurance and general repair & maintenance

- Net Income $336,720 pa* + GST

*Approximately

'Children First Early Education Ingle Farm (Adelaide)' is for sale via Expressions of Interest closing Thursday 6 March at 3pm.

Please contact the exclusively appointed Stonebridge & RWC Adelaide property professionals for more information.

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