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SOLD

2-8 Botany Drive, Golden Grove, SA, 5125

Properties / Sold / South Australia / Golden Grove

Tenanted Investment

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1. Property Summary

Selling Method

For Sale

Selling Details

Contact Agent

Land Area

4,496 m² (*approx)

Floor Area

843 m² (*approx)

Property Type

Child/Healthcare

Sub-type

Child Care

Terms

20 Year Lease to 2041 with (3) three further (10) ten-year options to 2061

Est. Income

$464,624 p/a

Fully Leased

Nido Early School

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2. Property Highlights

PRIME 20 YEAR EDUCATION INVESTMENT IN MAJOR GROWTH LOCATION OPPOSITE PRIMARY SCHOOL

Returning $464,624* + outgoings & GST
20+10+10 Year Lease to 2061
Substantial corner allotment of 4,496sqm

CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 2-8 Botany Drive (Cnr The Golden Way) Golden Grove for sale.

Constructed with uncompromising standards amidst a backdrop of rising construction costs, the subject property offers investors a long-term income stream in a market witnessing declining availability of early learning investments (forecast to drive rapid price growth).

Part of the National Early Learning Collective comprising four (4) premium childcare investments offered individually or in one-line across Victoria, South Australia, and Western Australia.

+ 20 -Year Lease to 2041 with (3) three further (10) ten-year options to 2061

+ Annual income of $464,624* + Outgoings & GST with CPI + 1% Increases

+ Tenant pays all outgoings and land tax

+ Substantial corner landholding of 4,496sqm* with exposure to both The Golden Way and Botany Drive

+ Strategic location in close proximity to the fast-tracked rezoning of land in Golden Grove which will bring an additional 500 homes to the area

+ Leased To Nido Early School - A brand synonymous with success and powerhouse national operator featuring 99 centres in operation or the development pipeline across Australia

LOCATION

+ Located less than 100m* from Golden Grove Primary School

+ Within walking distance to The Grove Shopping Centre, Groveway Medical Centre, Village Hotel and numerous primary and secondary education campuses

+ 20km’s North-East from Adelaide’s CBD and part of Adelaide’s fastest growing and rapidly developing areas

+ Easy access to public transport

For Sale via Expressions of Interest Closing Thursday 15th February at 2:00pm (AEDT)

For further information, please contact the exclusive sale/leasing and marketing agents:

Sandro Peluso

+61 418 389 757

Jimmy Tat

+61 439 399 118

Marcello Caspani-Muto

+61 417 065 777

Rhyce Scott

+61 422 960 585

approx*

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