CBRE, in conjunction with Sterling Property, is pleased to offer to the market Sagewood Early Learning, located at 42 Bannerdale Road (Cnr Viva Boulevard), Baldivis (Perth) WA, for sale by Investment Portfolio Auction 188.

This opportunity has the following key investment highlights:

+ Twenty (20) year net lease to Sagewood Early Learning to February 2046
+ Two (2) further ten (10) year options to February 2066
+ Sagewood Early Learning: premium early education provider with 8 operating centres and over 10 years industry experience
+ Tenant pays all outgoings including land tax and management fee
+ Fixed 3% annual rent increases, ensuring continued income growth
+ Immaculate 764sqm* centre with service approval for 110 LDC centres plus 30 car spaces
+ Construction completed in 2026, offering outstanding depreciation benefits
+ Substantial 2,533sqm* corner landholding with 91m* of dual street frontage and close proximity to Kwinana Fwy with exposure to over 100,000 vehicles passing daily^
+ Ideally located in a prominent school catchment opposite Ridge View Secondary College with an additional 10 schools within a 3km* radius^
+ Within immediate proximity to Baldivis’s retail & commercial precinct featuring Stockland Shopping Centre, underpinned by national retailers Kmart, Coles, Woolworths, ALDI, Bunnings & supported by over 150 specialty stores
+ Strategic location within a key residential growth corridor, with 5+ ongoing residential projects across Baldivis set to deliver 3,000+ homes upon completion^^
+ Baldivis: high growth municipality located 12km* from Rockingham, 44km* south from the Perth CBD, with the population forecasted to increase by 132% by 2046^^
+ City of Rockingham: One of Perth’s fastest-growing municipalities, forecast to grow to 200,000+ residents by 2036, underpinned by significant infrastructure investment including the $700 million Kwinana Freeway Upgrade and major projects such as AUKUS and Westport^^
+ Net Income: $440,000 pa* + GST

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 188
10:30am (AEDT), Wednesday 28 October 2026,
Crown Casino, Melbourne, Horizon Room.

Please contact the exclusively appointed team for more information.

* Approx
^ Gapmaps
^^ Forecast.id