2 Retail Properties For Sale in Munno Para

OUTSTANDING INVESTMENT PROPERTY - SECURE LEASE OFFERING A SOLID 7% NET RETURN

This property offers buyers an excellent opportunity to secure a quality property with a secure lease to The Salvation Army (South Australia)

The Salvation Army secured the premises back in November 2010 and is their Flagship Northern Retail Site - SALVOS SMITHFIELD.

Situated in the Business hub of Smithfield where over the last several years the area had gone through major changes with new developments within the immediate area with the Munno Para Shopping Centre just around the corner in easy walking distance.

The Smithfield BUS & TRAIN interchange is only metres from this property...

Brand New Childcare Investment

New 20 + 10 + 10 year lease to 2057
Managed by Think Childcare Ltd: ASX listed early education provider with 50 owned and managed centres
Brand new 822 sqm purpose-built facility, licensed for 107 places
Annual rent increases to CPI + 1%
High profile 2,650 sqm commercial zone site with 27 on-site car spaces
Strategic position adjoining ALDI and only 150 metres from the Woolworths anchored Blakes Crossing Shopping Centre
Strategic capital growth location within Adelaide’s rapidly expanding northern suburbs and only 28km from the CBD
Attractive taxation depreciation benefits
Net Income: $276,96...