PREMIUM CHILDCARE INVESTMENT/NATIONAL ASX LISTED TENANT

Ray White is pleased to offer to the market 224-226 Main Road, McLaren Vale SA for sale by Expressions of Interest closing on Thursday 4th July 2024 at 3pm.

The property has the following investment highlights:

- Leading National ASX listed tenant - G8 Education Ltd.
- Established Childcare Investment with strong-trading history operating at capacity, with an extensive wait list
- Fifteen (15) year net lease to December 2028
- Six (6) further five (5) year options to December 2058
- G8 Education is Australia's largest ASX - listed early childhood & care provider. Its 430+ childcare centres are
marketed under 21 brands including Community Kids which is the brand operating this centre.
- Annual CPI rent reviews, market reviews on renewal, ensuring consistent rental growth
- Tenant pays all usual outgoings including land tax
- Strategically positioned 1,810 square metres* landholding with eight schools located in the region
- Gross Lettable Area (GLA) 282 square metres*
- Town Planning Tourism Development

The property is located within the 'southern vales' within the township of McLaren Vale, situated approximately 40 kilometres south of the Adelaide CBD and is 10 kilometres south-east of the Noarlunga Regional Centre. McLaren Vale is the heart of the Fleurieu Peninsula wine growing regions with an estimated 120 wineries and is listed in the top 30 wine regions in the world. The property is centrally located in McLaren Vale's retail precinct offering shopping centres, health care facilities, cafes, restaurants and accommodation. The South Australian Government has backed major investment in new home development in the adjacent suburbs of Aldinga and Noarlunga with an additional 1400 homes to be constructed over ten years.

- Stamp duty free investment opportunity
- Net Income $112,500 per annum* plus GST

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.

*Approx.

For further details contact: Christopher Marchant 0411 885 669

Christopher.marchant@raywhite.com

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions RLA 276447.

Explore the area

School catchments

McLaren Vale Primary School Primary R-6 Government 0.25km
Tatachilla Lutheran College Combined R-12 Independent 1.7km
Old Noarlunga Primary School Primary R-6 Government 4.4km
Seaford Rise Primary School Primary R-6 Government 4.5km
McLaren Flat Primary School Primary R-6 Government 4.9km
Seaford Secondary College Secondary 7-12 Government 5.5km
All Saints Catholic Primary School Primary R-6 Catholic 5.7km
Moana Primary School Primary R-6 Government 5.9km
Willunga High School Secondary 7-12 Government 6.0km
Willunga Waldorf School Combined R-12 Independent 6.4km
Willunga Primary School Primary R-6 Government 6.6km
Huntfield Heights School P-6 Primary R-6 Government 6.7km
South Port Primary School Primary R-6 Government 7.0km
Noarlunga Downs Primary School Primary R-6 Government 7.7km
Hackham West School Primary R-6 Government 7.7km
Hackham East Primary School Primary R-6 Government 8.1km
Cardijn College - Marian Campus Secondary R-12 Catholic 8.1km
Sports College South Australia - South Adelaide Football Club Campus Secondary Independent 8.3km
Aldinga Payinthi College Combined R-12 Government 8.5km
Cardijn College - Galilee Campus Combined Catholic 8.5km
Christies Beach High School Secondary 7-12 Government 9.0km
Cardijn College - Marcellin Campus Secondary Catholic 9.2km
Wirreanda Secondary School Secondary 7-12 Government 9.3km
Southern Vales Christian College - Aldinga Campus Combined Independent 9.7km
Woodcroft College Combined R-12 Independent 11.0km
Southern Vales Christian College - Morphett Vale Campus Combined R-12 Independent 11.1km
Southern Montessori School - Middle School Campus Combined Independent 11.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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