Building N75
46 Don Young Road, Nathan, QLD, 4111, AU
3,700 m²
Description
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.
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Attributes
Building area net
825 m²
Land area gross
3,207 m²
Occupancy
100%
Parking spaces
32
Call for offers
05/11/2025
Media
Investment Highlights
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
51-53 Henry Street, Stepney is For Sale by Expressions of Interest (EOI) closing Thursday 6 November at 4pm (ACDT)
To obtain further information or to arrange an inspection, please contact the exclusive JLL selling agents.
Contact brokers
51-53 Henry Street, Stepney (0 Properties)
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Last updated
22 Oct 2025
