For Sale
237 Bridge Road,
Ingle Farm 5098, South Australia
Asking Price of $5,650,000 (6.3% yield)
Property details
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Agents
Buy Before the Childcare Mega Merger | Impressive Childcare Investment Leased to National Operator | No Stamp Duty Payable
RWC Adelaide is pleased to exclusively present for sale Children First Early Education Ingle Farm (Adelaide) offered for sale by Private Treaty.
The opportunity has the following key investment features:
• Inner metropolitan location only 12km* north of the Adelaide CBD, strategically positioned surrounded by 15 schools within a 3km* radius
• Secure new 15-year net lease to 2039, with further options extending to 2059
• Favourable Landlord friendly lease with fixed 3% rental increases, and all usual outgoings recoverable by the tenant
• Leased to Children First Early Education, an established national childcare provider who form part of the Imagine Education Group
• Imagine Education Group, recently announced the acquisition of Eden Academy, which will make them the 6th largest childcare operator in Australia^
• Prominent 2,081sqm* corner allotment with 90m* of dual street frontage to Bridge Road, exposed to 35,800+ vehicles daily
• Brand-new childcare facility licensed for 92 LDC places, offering significant depreciation benefits
• Net income of $357,218 per annum* + GST
• No Stamp Duty or GST payable
*Approximately
^Subject to Regulatory Approvals
237 Bridge Road, Ingle Farm, is offered for sale by Private Treaty with an asking price of $5,650,000 (6.3% yield).
Please contact the exclusive listing agents at RWC Adelaide for further information.
The opportunity has the following key investment features:
• Inner metropolitan location only 12km* north of the Adelaide CBD, strategically positioned surrounded by 15 schools within a 3km* radius
• Secure new 15-year net lease to 2039, with further options extending to 2059
• Favourable Landlord friendly lease with fixed 3% rental increases, and all usual outgoings recoverable by the tenant
• Leased to Children First Early Education, an established national childcare provider who form part of the Imagine Education Group
• Imagine Education Group, recently announced the acquisition of Eden Academy, which will make them the 6th largest childcare operator in Australia^
• Prominent 2,081sqm* corner allotment with 90m* of dual street frontage to Bridge Road, exposed to 35,800+ vehicles daily
• Brand-new childcare facility licensed for 92 LDC places, offering significant depreciation benefits
• Net income of $357,218 per annum* + GST
• No Stamp Duty or GST payable
*Approximately
^Subject to Regulatory Approvals
237 Bridge Road, Ingle Farm, is offered for sale by Private Treaty with an asking price of $5,650,000 (6.3% yield).
Please contact the exclusive listing agents at RWC Adelaide for further information.
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Contact Jack Dyson
Jack Dyson
237 Bridge Road, Ingle Farm SA 5098
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Jack Dyson
237 Bridge Road, Ingle Farm SA 5098