90-92 Penneys Hill Road,
Hackham, SA 5163

Savills is pleased to offer to market the Goodstart Childcare located at 90-92 Penney Hill Road, Hackham SA for sale via Expression of Interest.

Tenant Profile - Goodstart Early Learning is Australia's largest early learning provider. Formed in 2010 by a syndicate of charities, Goodstart is a not-for-profit organisation that currently has 664 childcare centres around Australia.

• Renewed Lease to Goodstart Early Learning – Australia’s largest early learning provider across 664+ locations
• Net annual income of $151,422.56* + GST as at 1st January 2023
• Lease structure with CPI or 3% annual increases whatever is greater
• Impressive 1,913sq m* corner site licensed for 65 places
• Positioned within the heart of Hackham with recent new Master Plan to expand the suburb with 1,000 new homes to be constructed
• Conveniently situated 3.8kms* from Main South Road and Southern Expressway (42,000+ vehicles daily), an important thoroughfare linking to the CBD
• Childcare/ Early Education is an essential service and one of Australia’s most sought-after asset classes
• Stamp Duty free investment

For Sale by Expressions of Interest closing Thursday 28th September 2023 at 4pm (ACST).

* Approx