Burgess Rawson & Ray White Commercial are pleased to offer to the market Children First Early Education located at 113 Heaslip Road, Angle Vale SA for sale for sale via Investment Portfolio Auction 173.
The property has the following investment highlights:
+ Fifteen (15) year net lease to November 2039
+ Two (2) further ten (10) year options to 2059
+ Children First Early Education: established and highly experienced operator with 18 centres nationally
+ Fixed 3% annual rent increases, ensuring future rental growth
+ Tenant pays all usual outgoings
+ Brand new construction, offering significant depreciation benefits
+ Premium 664sqm* purpose-built childcare centre with approval for 92 LDC places
+ Prominent 2,015sqm* site directly opposite Drakes-anchored Angle Vale Village Shopping Centre, and within easy of access to the Northern Expressway, offering easy access to Adelaide's CBD and other key areas.
+ Located within a prominent educational precinct, featuring three schools within a 3-kilometre radius
+ Stamp duty free investment
+ City of Playford: one of South Australia's fastest-growing regions, with the population forecast to increase by 67% to 183,894 by 2041#
+ Child care/Early Education is an essential service and one of Australia's most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families
+ The 2024-25 Federal Budget has paved the way for positive change and reform in the childcare sector. In addition to this increase in award wages for childcare educators, $650 million will be allocated to workforce qualification and training in the childcare sector over the next four years to further enhance the quality of education and support the future of Australian children^^^
+ Net Income: $329,995 pa* + GST
To be sold by Investment Portfolio Auction:
10:30am (AEDT) Wednesday 11 December 2024
Crown Casino, Melbourne
Please contact the exclusively appointed team for more information.
Burgess Rawson & Associated Victoria Pty Ltd - RLA 327401
Natalie Couper 0413 856 983
Adam Thomas 0418 998 971
Immobiliare (SA) Pty Ltd T/A RWC Adelaide - RLA 332186
Oliver Totani 0412 808 743
Jack Dyson 0448 685 593
Harry Einarson 0421 747 442
*Approx.
^^City of Port Adelaide Enfield
^^^ Australian Government Department of Education
#forecast.id.com.au /playford
