Freehold Investment Childcare Property for Sale
Location: Smithfield Plains, South Australia
Number of Places: 85 LDC
Sale Price: $2,850,000
Tenanted by Think Childcare Ltd-multi centre operators..
Located in the prosperous South Australian suburb of Smithfield Plains, with a lease anchored by the highly respected Think Childcare & Education group, this is an outstanding freehold investment.
The current rent is $196,300.00 PA and the lease consists of a 7-year term which commenced in Jan 2018 with a further 5 x 5 x 5 year options.
Annual rent increases are 3.00% with a market review at the beginning of each term with the tenant to pay all outgoings.
Get in on this opportunity before it disappears!