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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

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3. Property Location

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

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4. Due Diligence

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  • Site Summary
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  • Surrounding Amenity
90-92 Penneys Hill Road, Hackham, SA, 5163 Hackham
Savills Adelaide
Savills Adelaide
Level 2, 50 Hindmarsh SquareAdelaide SA 5000
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