Archives: Properties

Burgess Rawson & Ray White Commercial are pleased to offer to the market Children First Early Education Windsor Gardens located at 36-42 Olinda Road, Windsor Gardens SA for sale via Offers to Purchase.

The property has the following investment highlights:

+ Fifteen (15) year net lease to November 2038
+ Two (2) further ten (10) year options November 2058
+ Children First Early Education: long established operator with 10 centre’s nationally and growing
+ Fixed 3% annual rent increases, ensuring future rental growth
+ Tenant pays all usual outgoings
+ Brand new construction completed late 2023, offering significant depreciation benefits
+ Premium 732sqm* purpose-built childcare facility licensed for 108 LDC places
+ Prominently positioned 2,299sqm* site directly opposite Avenues College (500+ enrolments), and within a 3km* radius of an additional 20 schools which combine to service 6,924 students*
+ Centrally located in a premier retail precinct with seven (7) major shopping centres within a 3km* radius including – Greenacres Shopping Centre, Northgate Shopping Centre, Gilles Plains Shopping Centre, The Junction Shopping Centre, Lightsview Village, Dernancourt Village & Newton Shopping Centre
+ Surrounded by an abundance of national retailers including McDonald’s, Bunnings, Hungry Jack’s, KFC, Supercheap Auto & Total Tools
+ Outstandingly positioned landholding with direct frontage to Sudholz Road, a major thoroughfare interconnecting North East Road & Lower North East Road with over 42,500* passing vehicles daily^
+ City of Port Adelaide Enfield: one of the largest Councils in metropolitan Adelaide with a $10.90 billion* GRP and a $82.4 million future capital works program in 2023-24^^
+ Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families^^^
+ Net Income: $374,318 pa* + GST

To be sold via Offers to Purchase.

Please contact the exclusively appointed team for more information.

*Approx.
^ Gapmaps
^^City of Port Adelaide Enfield
^^^ Australian Government Department of Education

Burgess Rawson is pleased to offer to the market, 902-904 Station Street, Box Hill VIC for sale via Expressions of Interest Campaign.

This opportunity has the following key investment highlights:

+ New 15 year net lease to Guardian Childcare to 2038.
+ Two further 10 year options to 2058.
+ Guardian: leading early childhood education provider, with a network of 152 centres across the eastern seaboard.
+ Desirable 3% annual rent increases.
+ Tenant pays all outgoings including land tax.
+ Impressive double story childcare facility licensed for 122 LDC places and features basement car park for 26 spaces.
+ New construction with significant depreciation benefits.
+ Significant 1,449sqm* landholding fronting Station Street with exposure to 21,400 passing vehicles daily*.
+ Situated amongst significant educational precinct – 38 schools within a 3km radius*.
+ Strategically situated within close proximity to Box Hill Central Shopping Centre, a prominent sub-regional shopping destination situated above Box Hill train station and adjacent to Box Hill Central North, featuring anchor tenants such as Coles and Woolworths, complemented by a diverse selection of 90 specialty retailers.
+ Located within the sought-after City of Whitehorse, Box Hill is renowned for its family-friendly environment. Located only 15 kilometres from the CBD, it is poised for significant growth, with an expected 47.5% increase in population by 2041, reaching 26,081 residents. The area also commands a median house price of $1,415,500.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^^^
+ Net Income: $530,700 pa* + GST.

For Sale via Expressions of Interest as part of the portfolio:
329-331 Springvale Road, Forest Hill
762-764 Whitehorse Road, Mitcham
Closing 3:00pm (AEST) Monday 8 April 2024

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

*Approx.
^^^ Australian Government Department of Education

Burgess Rawson & Ray White Commercial are pleased to offer to the market the new Guardian Childcare Banksia Park located at 275-277 Hancock Road, Banksia Park SA for sale via our Investment Portfolio 167.

The property has the following investment highlights:

+ New twenty (20) year net lease to December 2043
+ Two (2) further ten (10) year options December 2063
+ Guardian Childcare: leading national early education provider, educating more than 10,000 children per day across 152 locations
+ Fixed 3% annual rent increases, ensuring future rental growth
+ Tenant pays all usual outgoings
+ Brand new construction completed late 2023, offering significant depreciation benefits
+ Stunning 703sqm* purpose-built childcare facility licensed for 98 LDC places with 24 designated on-site car spaces
+ Strategically positioned 2,232sqm* landholding within a leading educational catchment- three (3) schools within 1km* of the centre and a further 15 schools within a 3km* radius, combining to service 5,670 students*
+ Centrally located in a strong retail precinct with six (6) major shopping centres within a 3km* radius including major centre’s Westfield Tea Tree & The Grove Village Shopping Centre, anchored by national retailers Coles, Woolworths, Myer, Big W, Kmart, ALDI and supported by an abundance of specialty tenants
+ Direct street frontage to Hancock Road, a major thoroughfare interconnecting Lower North E Road to Golden Grove Road with exposure to over 17,000* passing vehicles daily^
+ City of Tea Tree Gully: an expanding hub for retail, IT, housing and health services with a $5.3 billion GRP and a population forecast to increase to 111,576* residents by 2046^^
+ Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families^^^
+ Net Income: $367,500 pa* + GST

To be sold via Investment Portfolio Auction 167
10:30am (AEDT) Wednesday 27 March 2024
Crown Casino, Melbourne

Bidder registration required, register at portfolioauctions.com.au

Please contact the exclusively appointed team for more information.

*Approx.
^ Gapmaps.
^^City of Tea Tree Gully.
^^^ Australian Government Department of Education.