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41 The Grove Way Salisbury Heights, SA 5109

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41 The Grove Way,
Salisbury Heights, SA 5109

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41 The Grove Way, Salisbury Heights

JLL in conjunction with Burgess Rawson are delighted to offer the freehold interest in the Salisbury Heights childcare investment, leased to G8 Education Limited. The property forms part of Portfolio Auction 101, to be held from 11am (AEDT) on Wednesday 9th December 2015, at the Crown Casino, Southbank, Melbourne.

Key property highlights include:

- 15 year lease to G8 Education Limited to 2029
- Three further 5 year options to 2044
- Fixed 4% annual rent increases
- G8 Education: largest ASX listed childcare provider with over 450 centres nationally
- Tenant pays outgoings including land tax
- Modern facility licenced for 42 LDC places
- Prominent site approximately 300m form Salisbury Heights Preschool and 400m from Main North Road

FOR SALE BY AUCTION

11am (AEDT) Wednesday 9 December 2015, held at the Crown Casino, Southbank, Melbourne

10:30am (CDST) at JLL Offices - Level 22, 25 Grenfell Street, Adelaide

The vendor's statement relating to matters affecting the land may be inspected during business hours at the offices of JLL for three (3) business days prior to the auction and will be on display at the auction venue for at least 30 minutes prior to the auction.

JLL
RLA 1842

Property ID: 501782302Last Updated: 1 May 2018

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41 The Grove Way
Salisbury Heights, SA 5109
JLL - Adelaide
25 Grenfell Street
ADELAIDE, SA 5000
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
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