52-56 Oxford Street Brahma Lodge SA 5109

New 10 year lease to Treasured Tots to 2028 plus two 10 year options
Treasured Tots Montessori: a wholly owned subsidiary of Precious Cargo Montessori with a network of 11 centres across Adelaide
New 613 sqm purpose-built child care facility, licensed for 111 LDC places
Annual CPI rent reviews plus market review at option
Tenant pays all usual outgoings including 7% pa management fees
Strategic corner site located 200 metres from Brahma Lodge Primary School, 500 metres from the junction with Main North Road and 15km north from the Adelaide CBD
Substantial taxation saving depreciation benefits
Net Income: $183,150 pa + GST and management fees

Auction 11am AEDT Wednesday 24 October 2018
River Room, Crown Casino, Melbourne