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257-259 Grenfell Road
Redwood Park SA 5097
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Sold on 28 Apr 2016

257-259 Grenfell Road Redwood Park SA 5097

  • Offices
  • 1,164 m²
  • Sold

Fully Leased Child Care Investment - PLEASE NOTE NEW AUCTION TIME

* Securely leased until February 2019 plus two 5 year options

* ASX listed tenant - G8 Education

* Net annual rental of $48,153 per annum (approx)

* Triple net lease terms with tenant responsible for 100% outgoings including structural works, repairs, maintenance and management fees

* Annual rent review of CPI plus market review at renewal

* Current service approval for 28 places

* Adjacent local retail and commercial hub

* Site of 1,164 square metres (approx)

**Public Auction to be held on site Wednesday 2 March 2016 at 11 am **

Please note:
On the day of auction there will not be the opportunity to inspect the property so it is essential that you take advantage of our pre-booked inspection in the lead up to the auction if you are interested.

Inspection time: Tuesday 1 March 2016 at 6.15 pm.

Inspections are strictly by registration with the consultants only.
To register to attend an inspection, please contact Tom Bailey on 0407 607 266 or Simon Lambert on 0408 846 999.

Please also note:
The tenant has requested that on the day of the auction no parties are to go onto child care centre site or park in the carpark.

AUCTION

Auction date and time02/03/2016 11:00
Auction location257-259 Grenfell Road, Redwood Park SA

Property Highlights

Date Sold28 Apr 2016
Floor AreaAsk Agent
Land Area1,164 m²
ParkingAsk Agent
Property ID2012574871
Category
Last updated  8 Sep 2016
Map for 257-259 Grenfell Road Redwood Park SA 5097

Property Highlights

Date Sold28 Apr 2016
Floor AreaAsk Agent
Land Area1,164 m²
ParkingAsk Agent
Property ID2012574871
Category
Last updated  8 Sep 2016

Listed by

Simon Lambert
Simon Lambert
McGees Property Adelaide
Call
0408 846 999

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