90-92 Penneys Hill RoadHackham SA 5163
Property Details for 90-92 Penneys Hill Rd, Hackham
Last Listing description (November 2023)
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
Property History for 90-92 Penneys Hill Rd, Hackham, SA 5163
- 27 Nov 2023Sold for $2,700,000
- 28 Aug 2023Listed for Sale Contact Agent
- 05 Aug 2015Sold for $1,500,000
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About Hackham 5163
The size of Hackham is approximately 4.9 square kilometres. It has 13 parks covering nearly 4.4% of total area. The population of Hackham in 2011 was 4,103 people. By 2016 the population was 3,997 showing a population decline of 2.6% in the area during that time. The predominant age group in Hackham is 60-69 years. Households in Hackham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hackham work in a trades occupation. In 2011, 73.2% of the homes in Hackham were owner-occupied compared with 73.1% in 2016.
Hackham has 2,072 properties. Over the last 5 years, Houses in Hackham have seen a 116.65% increase in median value, while Units have seen a 114.08% increase. As at 30 September 2024:
- The median value for Houses in Hackham is $640,601 while the median value for Units is $511,189.
- Houses have a median rent of $500 while Units have a median rent of $263.
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