CBRE is pleased to present Nido Early School Somerton Park located at 100 Diagonal Road, Somerton Park (Adelaide) SA to the market for sale via our Investment Portfolio Auction 187.

The property has the following key highlights:

+ Long term 20 year net lease to 2039 plus two (2) further ten (10) year options to 2059
+ Nido Early School: premium ASX-listed early education provider with a network of 107 centres nationally and a market cap of $79+ million⁵
+ Rare greater of 3% or CPI +1%¹ annual rental increase guaranteeing strong long-term income growth
+ Landlord-friendly net lease structure – tenant pays 100% of outgoings including rates, taxes, insurances, management and general repairs & maintenance
+ High exposure 1,578sqm* site with main road frontage to 161,700* vehicles passing weekly²
+ Prime 63 LDC place childcare centre in a high-demand location with the 0-4 year old per childcare place ratio 48% higher than the state average
+ Strategically located 8km* from the Adelaide CBD and surrounded by critical infrastructure, including Adelaide Airport, Morphettville Racecourse and Westfield Marion
+ Somerton Park: prestigious suburb with median house prices 176% higher than the state average up 29% in the past 12 months³
+ City of Holdfast Bay: city south-west of Adelaide CBD with a population of 39,683 and annual economic output of $2.25B⁴
+ South Australia: #1 performing economy in Australia, leading the country in 4 of the key economic indicators
+ All commecial investments in South Australia are stamp duty free
+ Net Income: $319,025 pa* + GST⁶

Government-Underpinned Investment:

Childcare is an essential service asset class that enjoys bipartisan Federal and State Government support. The sector is underpinned by over $16 billion in Federal funding (FY25/26) to ensure that every child has access to at least 3 days per week of subsidised early education and care. The Government has also allocated a further $3.6 billion for educator wage increases — strengthening the tenant’s operational stability

To be sold via Investment Portfolio Auction 187
10:30am AEST Tuesday 15 September 2026
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx.
1 Capped at 3.5%
2 Gapmaps
3 Realestate.com.au
4 Remplan
5 As at 12/8/26
6 Assuming 3% increase at 14/10/26