51 Henry StreetStepney SA 5069
Property Details for 51 Henry St, Stepney
Last Listing description (January 2022)
CBRE are proud to present 51-53 Henry Street, Stepney to the market, a unique eastern suburbs childcare investment that offers the perfect mix of income and underlying land value.
Situated on three Certificates of Title, the original centre at 51a-53 Henry Street was opened in 2007 catering for 84 children. Due to ongoing high demand for the offering an additional centre was built at 51 Henry Street, Stepney catering for a further 50 places. Both are offered to market in one line.
Located in the picturesque eastern suburbs of Adelaide and surrounded by some of the most affluent Private Schools Adelaide has to offer, the property sits on a dominant land holding of 2,982sqm. For savvy investors the blend of income and underlying land value will tick all the boxes!
Key Investment Highlights:
Current passing income of $439,188 per annum*
High quality facility offering 134 places with consistently high occupancy rates
Fixed 4% increases annually
2,982sqm* land holding in the desirable eastern suburb of Stepney
Leased until Nov-25 with options through to 2065
Experienced and proven operator who have operated from this location for nearly 15 years
Zoned - Employment in the City of Norwood, Payneham and St Peters
Offered in one line or separately
Agents:
Harry Einarson 0421 747 442
Mitch Curnow 0415 494 056
Rhyce Scott - 0422 960 585
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING FRIDAY 8th of October 2PM
Property History for 51 Henry St, Stepney, SA 5069
- 24 Jan 2022Sold for $3,550,000
- 06 Sep 2021Listed for Sale Contact Agent
- 27 May 2014Sold for $660,000
Commute Calculator
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Stepney 5069
The size of Stepney is approximately 0.5 square kilometres. It has 2 parks covering nearly 4.1% of total area. The population of Stepney in 2011 was 855 people. By 2016 the population was 859 showing a population growth of 0.5% in the area during that time. The predominant age group in Stepney is 20-29 years. Households in Stepney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stepney work in a professional occupation. In 2011, 64.3% of the homes in Stepney were owner-occupied compared with 59.5% in 2016.
Stepney has 778 properties. Over the last 5 years, Houses in Stepney have seen a 73.33% increase in median value, while Units have seen a 106.98% increase. As at 31 October 2024:
- The median value for Houses in Stepney is $1,407,834 while the median value for Units is $731,251.
- Houses have a median rent of $740 while Units have a median rent of $550.
Suburb Insights for Stepney 5069
Market Insights
Stepney Trends for Houses
N/A
N/A
View TrendN/A
N/A
Stepney Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
