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