



JLL is pleased to exclusively present for sale 51-53 Henry Street, Stepney SA. The asset offers secure income with the tenant having recently renewed for 5 years plus options until 2065 to Tree Tops Early Learning Centres. The attractive net lease structure delivers reliable income growth through fixed 4% annual rent reviews, underpinning the long-term strategic value of the investment. Key Investment Highlights: Current net income of $519,967* per annum + GST + Outgoings Recently renewed Five (5) year lease plus options to 2065 Attractive fixed annual rental increases of 4% Net lease with tenant paying all usual outgoings (excluding land tax) Land rich investment with landholding of 3,207 sqm* Licensed for 134 places and 32 at-grade carparks Essential service asset class with proven economic resilience with over $16B in Federal and State government funding for FY 25 Significant commercial investment savings with 0% stamp duty in South Australia To obtain further information or to arrange an inspection, please contact the exclusive JLL selling agents
Property ID: 504977884
Original Property ID: 504977884