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Medical/Consulting for Sale in Ingle Farm
Buy Before the Childcare Mega Merger | Impressive Childcare Investment Leased to National Operator | No Stamp Duty Payable
- Building: 651m²
- Land: 2,081m²
Next Steps:
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.
Building:
651m²
Land:
2,081m² / 0.51 acres
Tenancy:
Tenanted
Categories:
Other, Medical/Consulting, Retail
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