Burgess Rawson, in conjunction with Knight Frank, is pleased to offer to the market, G8 Education located in Seacliff SA, for sale via our Investment Portfolio Auction 156.

The property has the following investment highlights:

+ 15 year net lease to G8 Education to 2032.
+ Four further 5 year options to 2052
+ G8 Education Ltd (ASX:GEM): Australia’s largest listed childcare provider, educating more than 50,000 children weekly.
+ Favourable CPI plus 1% annual rent increases.
+ Tenant pays all outgoings including land tax and management fees.
+ As new purpose-built centre, licensed for 84 LDC places.
+ Large 2,161sqm main road site with exposure to 40,000 plus passing vehicles daily, situated amongst a significant schooling precinct – 11 schools within a 3.1 kilometre radius
+ Strategic ‘city bound’ position only 850 metres from Brighton Central Shopping Centre, and within close proximity from Westfield Marion, the largest shopping centre in South Australia underpinned by Woolworths, ALDI and 300 plus specialty stores.
+ Seacliff: affluent suburb only 13 kilometres south-west from the Adelaide CBD, with a median house price of $1,173,000
+ 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*
+ Net Income: $319,678 pa plus GST

To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 26th October 2022
Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.

Burgess Rawson Agents
Natalie Couper: 0413 856 983
RLA 313473
Adam Thomas: 0418 998 971
RLA 312687

Knight Frank (RLA 199257)
Oliver Totani: 0412 808 743
Jack Dyson: 0448 685 593

*Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).