Childcare centre in SA's Littlehampton up for sale at Burgess Rawson auction

Childcare centre in SA's Littlehampton up for sale at Burgess Rawson auction
Childcare centre in SA's Littlehampton up for sale at Burgess Rawson auction

A childcare centre in Littlehampton in Adelaide Hills leased to ASX-listed G8 Education is up for sale at a Burgess Rawson portfolio auction in Melbourne on April 6.

The 1 Rosella Court centre is on a 1.36 ha site with future redevelopment potential subject to council regulations.

The centre is on secure 10-year lease to G8 Education plus options through to 2040. G8 has more than 450 centres nationally.

The rent is $237,405 pa and there is a fixed 4 percent pa rent increase with the tenant paying all the usual outgoings.

The property has dual childcare facilities with main building licensed for 125 places and includes G8's state training/conference HQ, plus purpose built pre-school facility licensed for 45 places (completed 2014).

Littlehampton is a suburb of the Mount Barker District, with its population forecast to grow 58 percent by 2036 and located 30 km east from the Adelaide CBD.

Tags: 
Commercial Auction Childcare

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