917 Stebonheath Road,
Munno Para West, SA 5115

917 Stebonheath Road, Munno Para West presents a fantastic opportunity to purchase a securely leased childcare centre currently operated and leased to G8 Education Ltd. Situated with frontage to Stebonheath Road, the property totals 2,001sqm* of land and approximately 400sqm of building. The premises is fitted out specifically for a childcare use and has quality internal and external play areas.

917 Stebonheath Road is located directly across from the City of Playford’s ‘Playford Alive’ development set to be home to 40,000* residents upon completion. In addition to the future population growth, Munno Para West currently has a high proportion of the key age demographic childcare centres are sensitive to being the total number of children under 4 years old. According to the Australian Bureau of Statistics (ABS) currently persons 0-4 years of age represent 11.9% of the total population of Munno Para West which has remained constant across a 5 year period.

LEASE PROFILE
LEASE COMMENCEMENT: 20TH NOVEMBER 2015
LEASE TERM: 10 + 5 + 5 + 5
LEASE TERM: 19TH NOVEMBER 2025
PASSING NET RENTAL: $136,633.50
LICENSED NUMBER OF CHILDREN: 75
REVIEW BASIS: CPI ANNUALLY
OUTGOINGS: TENANT PAYS ALL OUTGOINGS EXCLUDING LAND TAX

For Sale By Private Treaty.

Please contact the exclusive selling agents CBRE Metropolitan Investments:
Mitch Curnow +61 415 494 056
Harry Einarson +61 421 747 442

*Approx.