Impressive As New Childcare Opposite Primary School | 20 Year Net Lease to ASX Listed Operator

RWC Adelaide in conjunction with CBRE are pleased to present to market the Nido Early School Located at 88 George Street, Paradise (Adelaide), SA 5075 for with Best Offers due by Wednesday 3rd June at 4pm.

This opportunity has the following key investment highlights:
• Long term 20-year net lease to 2042 Plus two (2) further ten (10) year options to 2062
• Nido Early School (ASX:NDO): premium ASX-listed early education provider with an expansive network of 121 centres nationally and a market cap of $86+ million (1)
• Stamp duty free investment: no stamp duty payable on commercial property in South Australia (2)
• Landlord favourable net lease with tenant paying all usual outgoings including land tax and management fees
• Minimum 3% annual rent increases ensuring consistent and compounding rental growth
• Substantial 1,928sqm* corner landholding with over 109m* dual street frontage to George Street and Silkes Road (3)
• Newly constructed 92 place LDC centre set across two levels, providing significant depreciation benefits
• Perfectly positioned directly opposite Paradise Primary School and ideally situated within a strong schooling catchment with 14 schools* within a 3km* radius combining to service 7,047 enrolled students* (5)
• Strategically located within 1km* of 3 major retail precincts housing national retailers including Aldi, Coles, Target, Drakes & Subway (4)
• Paradise: highly accessible inner metropolitan suburb, ideally located just 9km* from the Adelaide CBD
• Adelaide Growth Masterplan: The South Australian Government is planning for the future with a 30-year vision to build 315,000 new homes*, supporting a projected population increase of 670,000* by 2051 (6)
• Net Income: $393,477 pa* + GST

For Sale with Best Offers due by Wednesday 3rd June at 4pm.

Please contact the exclusively appointed sales team for more information.

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