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JLL is pleased to exclusively present for sale 51-53 Henry Street, Stepney SA. The asset offers secure income with the tenant having recently renewed for 5 years plus options until 2065 to Tree Tops Early Learning Centres. The attractive net lease structure delivers reliable income growth through fixed 4% annual rent reviews, underpinning the long-term strategic value of the investment.
Key Investment Highlights:
Current net income of $519,967* per annum + GST + Outgoings
Recently renewed Five (5) year lease plus options to 2065
Attractive fixed annual rental increases of 4%
Net lease with tenant paying all usual outgoings (excluding land tax)
Land rich investment with landholding of 3,207 sqm*
Licensed for 134 places and 32 at-grade carparks
Essential service asset class with proven economic resilience with over $16B in Federal and State government funding for FY 25
Significant commercial investment savings with 0% stamp duty in South Australia
51-53 Henry Street, Stepney is For Sale by Expressions of Interest (EOI) closing Thursday 6 November at 4pm (ACDT)
To obtain further information or to arrange an inspection, please contact the exclusive JLL selling agents.
Remember to mention you found this property on CommercialReady
JLL is pleased to exclusively present for sale 51-53 Henry Street, Stepney SA. The asset offers secure income with the tenant having recently renewed for 5 years plus options until 2065 to Tree Tops Early Learning Centres. The attractive net lease structure delivers reliable income growth through fixed 4% annual rent reviews, underpinning the long-term strategic value of the investment.
Key Investment Highlights:
Current net income of $519,967* per annum + GST + Outgoings
Recently renewed Five (5) year lease plus options to 2065
Attractive fixed annual rental increases of 4%
Net lease with tenant paying all usual outgoings (excluding land tax)
Land rich investment with landholding of 3,207 sqm*
Licensed for 134 places and 32 at-grade carparks
Essential service asset class with proven economic resilience with over $16B in Federal and State government funding for FY 25
Significant commercial investment savings with 0% stamp duty in South Australia
51-53 Henry Street, Stepney is For Sale by Expressions of Interest (EOI) closing Thursday 6 November at 4pm (ACDT)
To obtain further information or to arrange an inspection, please contact the exclusive JLL selling agents.
Remember to mention you found this property on CommercialReady
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