331 Eleventh Road Hilbert WA 6112

Burgess Rawson & Sterling Property are pleased to offer to the market Nido Early School located at 331 Eleventh Road, Hilbert WA for sale via our Investment Auction Portfolio 174.

This opportunity has the following key investment highlights:

+ New fifteen (15) year net lease to October 2039
+ Three (3) further ten (10) year options to October 2069
+ Nido Early School (ASX: NDO): premium early education provider with a network of 102 centres nationally
+ CPI + 1% annual rent reviews, ensuring rental growth
+ Tenant pays all outgoings including land tax and management fees
+ State-of-the-art 87 LDC place childcare facility with 15 on-site car spaces
+ Brand new construction (completed in October 2024), offering outstanding depreciation benefits
+ Expansive 2,390sqm* landholding strategically located in Stockland's Sienna Wood Residential Estate, projected to create a 3,800+ homes for 12,000 future residents^
+ Prominently positioned within a strong schooling catchment, with seven (7) schools within a 3km* radius combining to service 3,138 students*
+ Situated within close proximity of major retail amenities including Armadale Central & Armadale Shopping City, anchored by national retailers Coles, Woolworths, ALDI, Kmart, Target, Big W, Best & Less & 153 specialty stores
+ Ideally located from the Tonkin Highway, a key north-south arterial route offering seamless access for commuters to and from Perth, enhancing connectivity and transport convenience, with 29,000+ passing cars per day*
+ Hilbert: one of Armadale's fastest-growing suburbs, located just 30km* from Perth's CBD. With rapid residential development and increasing demand for amenities, Hilbert is becoming a sought-after area for families and investors alike
+ Childcare/Early Education is an essential service with both Federal and State Governments allocating $14.8 billion of funding for FY24, with an additional $4.7 billion dedicated to the cheaper childcare reform which took effect in July 2023
+ Net Income: $349,950 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 19 February 2025
Crown Promenade, Melbourne VIC

Please contact the exclusively appointed Burgess Rawson & Sterling Property team for more information.

*Approx.