For Sale
Brand New Metro Adelaide Childcare Investment - 15 Year Lease to National Tenant
237 Bridge Street, Ingle Farm (Adelaide) SA
Stonebridge & RWC Adelaide is pleased to present ‘Children First Early Education Ingle Farm (Adelaide)’ for sale via Expressions of Interest closing Thursday 6 March at 3pm (AEDT).
The asset has the following key investment features:
- New 15 year net lease to 2040, plus options to 2060, with fixed 3% annual rent increases
- Children First Early Education – Premium national childcare operator with a network of 25+ centres and successful 25+ year history in the sector
- Expansive 2,081 sqm* corner site featuring 90m* of dual street frontage and exposure to key arterial Bridge Road, servicing 28,900+ vehicles daily
- Brand new childcare facility licensed for 92 LDC places, offering significant tax depreciation benefits
- Strategic childcare position just 280m* to North Ingle Primary School, plus a further 15 schools within a 3 km* radius
- Easily accessible to Coles, Aldi & K-Mart anchored Ingle Farm Plaza Shopping Centre (4.6M+ visitors annually)
- Part of high-growth LGA ‘Salisbury City’, boasting a $9.5Bn* Gross Regional Product and supporting 65,000+ local jobs
- Located within 130m* of ‘Sailsbury City’s’ largest residential development, expected to feature 220 new dwellings
- Ingle Farm – Family-centric metropolitan Adelaide suburb just 12km* from CBD, residential land values have recorded a 20% increase over past 12 months
- Tenant pays all usual outgoings including rates, insurance and general repair & maintenance
- Net Income $338,560 pa* + GST
*Approximately
‘Children First Early Education Ingle Farm (Adelaide)’ is for sale via Expressions of Interest closing Thursday, 6 March at 3pm (AEDT).
Please contact the exclusively appointed Stonebridge & RWC Adelaide property professionals for more information.