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Savills - Adelaide (RLA 1786)
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43 Adelaide Road Mount Barker, SA 5251

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43 Adelaide RoadMount Barker, SA 5251

Medical & Consulting • Shop & Retail • Other
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Land area

3588.0m²

Floor area

1.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

25 Jul 2019

Impressive Childcare Investment - Highly Sought After Triple Net Lease

  • 20 + 10 year triple net lease to 2049
  • Minimum 3% rent increases
  • 3,588 sqm main rd site in town centre
+ New triple net lease to Paisley Park to 2049
+ Minimum 3% pa rent increases plus market reviews with ‘ratchet’ provisions
+ One of Adelaide’s fastest growth regions
+ Paisley Park: national early education provider with over 30+ years industry experience and a network of 25 centres
+ Impressive purpose-built child care adjoining character-filled heritage cottage and licensed for 136 LDC places
+ Tenant pays all outgoings including all maintenance (both capital and structural) insurances, rates and land tax
+ Substantial 3,588 sqm main road site within Mt Barker town centre
+ Significant depreciation benefits
+ Net Income: $421,600 pa + GST

Auction
11am AEST Wednesday 7 August 2019
River Room, Crown Casino, Melbourne

Property ID: 503249018Last Updated: 18 Sep 2019

Savills - Adelaide (RLA 1786)
43 Adelaide Road
Mount Barker, SA 5251
Peter Isaksson
Steve Bobridge

Savills - Adelaide (RLA 1786)

Level 2, 50 Hindmarsh Square
ADELAIDE, SA 5000

Agency contacts

Savills - Adelaide (RLA 1786)

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Savills - Adelaide (RLA 1786)

Level 2, 50 Hindmarsh Square
ADELAIDE, SA 5000
Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000
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Peter Isaksson

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Peter Isaksson
Savills - Adelaide (RLA 1786)
43 Adelaide Road Mount Barker, SA 5251

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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