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Secure 10 Year Net Lease Childcare Investment - 0% Stamp ...

83-85 Grange Road, WELLAND SA, 5007

Sold

Property Sold in 83-85 Grange Road, WELLAND SA, 5007

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11363286
Status:
Sold
Price:
Price on request
Last Updated:
16/01/2020
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Property Type

Medical/Consulting/Retail/Other
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Land Area

3212 SQM
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Floor Area

1069 SQM
Icon parking

Parking

N/A

Secure 10 Year Net Lease Childcare Investment - 0% Stamp Duty Payable on Purchase

+ 10 year Net Lease to 2028

+ Two further 10 year options to 2048

+ Tenant pays all usual outgoings plus 7% pa management fees

+ Precious Cargo: premium early education provider with a network of 10 centres across Adelaide

+ Impressive 1,069 sqm double storey child care facility, licensed for 167 LDC places

+ Large 3,212 sqm main road site only 4km from the Adelaide CBD and with favourable “Mixed Use” zoning

+ Net Income: $351,783.40 pa (plus 7% management fees)


For Sale by Auction

12 noon Wednesday 30 October 2019

Crown Casino, Melbourne VIC

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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