Knight Frank Investment Sales in conjunction with Burgess Rawson are excited to present for sale the freehold interest of 346 Shepherds Hill Road, Blackwood on behalf of our valued client.

Positioned in the heart of the foothill's suburb of Blackwood, the property is located some 12 km* south of the Adelaide CBD and immersed within the suburbs vibrant commercial and retail hub.

Key property attributes:

- Situated within the picturesque foothill's suburb of Blackwood, positioned centrally to the suburbs commercial and retail hub surrounded by Woolworths, Coles, and the newly developed Blackwood Community Hub
- Generous 2,205 sqm regular shaped allotment with frontage of 36m* to Shepherds Hill Road with around 28,000 daily passing vehicles
- Impressive childcare centre built in 2017 to the exact needs of proven operator, Precious Cargo Montessori Early Learning, who have ten locations across SA
- A 100-place childcare centre with 619 sqm* of enclosed building with outdoor play areas and open space car parking
- Secure 10-year lease to 1 November 2027 plus two further five-year options thereafter
- Gross lease structure with the Landlord responsible for all rates and taxes, with CPI rent reviews annually and fixed 3% increases at renewals
- Estimated net income of $247,502 per annum plus GST as at 1 November 2023
- No stamp duty payable

For all the detail please don't hesitate to contact the exclusive selling agent.


*Approx.