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43 Adelaide Road Mount Barker SA 5251

  • Medical / Consulting
  • Floor Size1 m²
  • PriceCommercial Auction

Impressive Childcare Investment - Highly Sought After Triple Net Lease

+ New triple net lease to Paisley Park to 2049
+ Minimum 3% pa rent increases plus market reviews with ratchet provisions
+ One of Adelaides fastest growth regions
+ Paisley Park: national early education provider with over 30+ years industry experience and a network of 25 centres
+ Impressive purpose-built child care adjoining character-filled heritage cottage and licensed for 136 LDC places
+ Tenant pays all outgoings including all maintenance (both capital and structural) insurances, rates and land tax
+ Substantial 3,588 sqm main road site within Mt Barker town centre
+ Significant depreciation benefits
+ Net Income: $421,600 pa + GST

Auction
11am AEST Wednesday 7 August 2019
River Room, Crown Casino, Melbourne

Auction date and time07/08/2019 11:00
Auction location43 Adelaide Road, Mount Barker SA

Property Highlights

Property ID2015415412
Floor Area1 m²
Land Area3,588 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  8 Jul 2019
Map for 43 Adelaide Road Mount Barker SA 5251
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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