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39-41 The Grove Salisbury Heights, SA 5109

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39-41 The Grove,
Salisbury Heights, SA 5109

Shops & Retail • Medical & Consulting • Offices

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New 15 Year Lease to G8 Education

  • Fixed 4% annual rent increases
  • G8 - ASX listed with 450+ Centres
  • Tenant pays all outgoings inc land tax
Secure 15 year lease to G8 Education Ltd to 2029.
Three further 5 year options to 2044.
Fixed 4% annual rent increases with 'ratchet' provisions.
G8 Education: largest ASX listed child care provider with over 450 centres nationally.
Tenant pays all outgoings including land tax.
Modern facility licensed for 42 LDC places.
Prominent 1,519 sqm site 300m from Salisbury Heights Preschool and 400m from Main North Road.
Rent: $104,000 pa.

Interstate and local bidding by prior arrangement

Auction 11am AEDT Wednesday 9 December
River Room, Crown Casino, Melbourne.

Property ID: 501765726Last Updated: 15 Aug 2016

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39-41 The Grove
Salisbury Heights, SA 5109
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
JLL - Adelaide
25 Grenfell Street
ADELAIDE, SA 5000

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