Sold

97 Eighteenth Street,
Renmark 5341, South Australia

2,505m² land size
675m² building size
Other

Price withheld


Property details

Modern New Childcare Freehold Near Schools - 15 Year Net Lease to 2039 + Opts

RWC Adelaide along with Stonebridge is pleased to present Riverland Early Learning Renmark for sale via Expressions of Interest, closing Thursday 19 February at 2pm (AEDT).

The asset has the following key investment features:

- Secure 15 year net lease to 2039 plus options to 2049, with uncapped CPI annual rent increases

- Riverland ELC - Strong performing multi-site operator with operator boasting 69% of all licensed childcare places within the catchment

- Impressive 2,505sqm* site with 23 car parks, boasting 64m* of frontage to the Sturt Highway

- State-of-the-art facility completed 2024, architecturally designed for 110 children, boasting expansive outdoor play areas and every amenity

- Ideal childcare location - Seven schools within 10 mins drive* and only 500m* from Renmark Primary School

- Renmark - Major population centre of the Riverland region and a key contributor to its $5.2 Bn* economy with thriving tourism and agricultural sectors

- Net Lease - Tenant pays all usual outgoings including Rates, Insurance, Management Fees and General Repairs & Maintenance

- Net Income $278,880 pa* + GST

Riverland Early Learning Renmark is for sale via Expressions of Interest, closing Thursday 19 February at 2pm (AEDT).

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

*Approximately

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