6 North Parade, STRATHALBYN, SA, 5255

+ Secure 12 year net lease to Where We Grow to 2032

+ Two further 12 year options to 2056

+ Where we Grow: premium early education provider with a network of 8 centres

+ Desirable 3% annual rent increases (from 2023)

+ Tenant pays all usual outgoings

+ As new construction with significant depreciation benefits

+ Architecturally designed, child care facility with approval for 75 LDC places

+ Prominent 1,556sqm site, located within close proximity to two primary schools and 850 metres from the Strathalbyn town centre

+ Strathalbyn: rapidly evolving satellite city, situated 55 kilometres from the Adelaide CBD

+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*

+ Stamp Duty free investment opportunity

+ Net Income: $156,221pa + GST

For Sale by Investment Portfolio Auction

11am (AEST) Tuesday 28 September 2021

*Mitchell Institute, Australian Investment in Education: Early Learning.

RLA 293472

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