43 Adelaide Road,
Mount Barker, SA 5251
Medical & Consulting • Shops & Retail • Other
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Savills - Adelaide (RLA 1786)
Level 2, 50 Hindmarsh SquareADELAIDE, SA 5000
43 Adelaide Road
Mount Barker, SA 5251
Map of 43 Adelaide Road
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
+ 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: 14 Sep 2020
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