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31 Camille Street, HALLETT COVE, SA, 5158
Tenanted Investment
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Property Highlights

Entry Level Childcare Investment | 15 Year Net Lease to 2032
  • 15 Year Net Lease + options to 2047
  • Fixed 3% annual rent increases
  • Established business of 35+ years

+ 15 year net lease to Global Sky Education to 2032

+ Three further 5 year options to 2047

+ Global Sky Education: experienced and successful provider with a network of 9 centres nationally

+ Desirable 3% annual rent increases

+ Tenant pays all usual outgoings

+ Well maintained child care facility, licensed for 30 LDC places

+ Prominent 661sqm corner site located only 650 metres from Hallett Cove, Shopping Centre including Woolworths, ALDI, McDonald’s and Big W

+ Hallett Cove: established bayside suburb located 23km south from the Adelaide 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: $67,530 pa + GST

For Sale by Investment Portfolio Auction

11.15am (AEDT) Thursday 11 November 2021

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

RLA 293472

Remember to mention you found this property on CommercialReady.com.au

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