19 Lindisfarne Road, HUNTFIELD HEIGHTS, SA, 5163

+ New 15 year net lease to Huntfield Heights Early Learning to 2036

+ Two further 10 year options to 2056

+ Huntfield Heights Early Learning: highly experienced and successful provider with numerous locations including the Eden Academy network of centres

+ Long standing child care centre, operating for 15+ years

+ Tenant pays all usual outgoings

+ Attractive 3% annual rent increases

+ Impressive facility with service approval for 75 LDC places

+ Newly refurbished centre with significant depreciation benefits

+ Large 2,050sqm site, 200m from Huntfield Heights Primary School, 2.5 kilometres from the Woolworths / Coles anchored Colonnades Shopping Centre and with ease of access to both Main South Road and the Southern Expressway

+ Huntfield Heights: southern suburb of Adelaide and only 25 kilometres from the CBD

+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*

+ Stamp Duty free investment opportunity

+ Net Income: $195,000 pa + GST

For Sale by Investment Portfolio Auction

10:30AM (AEDT) Wednesday 15 December 2021

River Room, Crown Casino, Melbourne

*Mitchell Institute, Australian Investment in Education: Early Learning.

RLA 293472

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