Watch Watch
Back
×
Sold Check
+11 Photos
90-92 Penneys Hill Road, Hackham, SA, 5163

2. Property Highlights

Goodstart Investment Opportunity
  • Lease to Goodstart Early Learning
  • Favourable Lease Structure
  • Stamp Duty Free Investment

Savills is pleased to offer to market the Goodstart Childcare located at 90-92 Penney Hill Road, Hackham SA for sale via Expression of Interest.

Tenant Profile - Goodstart Early Learning is Australia's largest early learning provider. Formed in 2010 by a syndicate of charities, Goodstart is a not-for-profit organisation that currently has 664 childcare centres around Australia.

• Renewed Lease to Goodstart Early Learning – Australia’s largest early learning provider across 664+ locations

• Net annual income of $151,422.56* + GST as at 1st January 2023

• Lease structure with CPI or 3% annual increases whatever is greater

• Impressive 1,913sq m* corner site licensed for 65 places

• Positioned within the heart of Hackham with recent new Master Plan to expand the suburb with 1,000 new homes to be constructed

• Conveniently situated 3.8kms* from Main South Road and Southern Expressway (42,000+ vehicles daily), an important thoroughfare linking to the CBD

• Childcare/ Early Education is an essential service and one of Australia’s most sought-after asset classes

• Stamp Duty free investment

For Sale by Expressions of Interest closing Thursday 28th September 2023 at 4pm (ACST).

* Approx

Remember to mention you found this property on CommercialReady

Read More

3. Property Location

90-92 Penneys Hill Road, Hackham, SA, 5163

Property Map

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into CommercialReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
90-92 Penneys Hill Road, Hackham, SA, 5163 Hackham
Savills Adelaide
Savills Adelaide
Level 2, 50 Hindmarsh SquareAdelaide SA 5000
View Agency Profile
calculator-icon Yield Calculator
calcultor-icon Yield Calculator