Burgess Rawson in conjunction with CBRE are pleased to offer to the market Imagine Early Learning Smithfield located at 37 Main North Road, Smithfield SA 5114 via Portfolio Auction 175.

The property has the following investment highlights:

+ Brand new fifteen (15) year net lease to Imagine Early Learning to 2040
+ Two (2) further ten (10) year options to 2060
+ Imagine Early Learning: highly experienced operator with over 50 centres nationally with a pipeline of growth forecasted
+ Landlord-favourable fixed 3% annual rent increases, ensuring rental growth
+ Tenant pays all usual outgoings
+ State-of-the-art 84 LDC place childcare facility with 18 on-site car park spaces
+ Brand new construction (completed 2025), offering maximum depreciation benefits
+ Expansive 2,032sqm* landholding strategically located with 32m* of direct frontage to Main Road North, a major arterial with exposure to 40,000+ vehicles passing daily*
+ Prominently positioned within 25km* of the Adelaide CBD and part of a strong schooling catchment, with nine (9) schools within a 3km* radius combining to service 5,803 full-time students*
+ Situated within 200m* of Munno Para Shopping Centre, anchored by Coles, ALDI, Kmart, Harvey Norman, Spotlight, My Car & supported by 50+ specialties
+ Deliberately positioned within a 5km* radius of 77,002 residents*, including over 7,500 children* aged 0-5, driving robust trade and sustained performance for the centre
+ City of Playford: thriving commercial & agricultural region with a population forecast to increase 82.5% to 183,890 by 2046 & a Gross Regional Product of $4.18 billion in FY22/23
+ Net Income: $320,000 pa* + GST

For Sale by Investment Portfolio Auction 175
10.30am AEDT Wednesday 26 March 2025
Crown Promenade, Melbourne VIC

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

Burgess Rawson & Associates Queensland Pty Ltd | RLA 327496

*Approx.