1 Saverio Boulevard,
Angle Vale, SA 5117
Medical & Consulting • Shops & Retail • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
1 Saverio Boulevard
Angle Vale, SA 5117
Map of 1 Saverio Boulevard
Impressive Childcare Freehold Investment | 12 Year Net Lease to Premium Operator
- 12 + 10 + 10 Year Net Lease to 2052
- 3% annual rent increases
- Stamp Duty free investment
+ Secure 12 year net lease to Where We Grow to 2032
+ Two further 10 year options to 2052
+ Where we Grow: premium early education provider with a network of 8 centres
+ Desirable 3% annual rent increases (from 2023)
+ Tenant pays all usual outgoings
+ As new construction with significant depreciation benefits
+ Architecturally designed, child care facility with approval for 120 LDC places
+ Strategic 2,701 sqm main road site situated 200 metres from the Drake’s-anchored Angle Vale Shopping Centre
+ Angle Vale: part of Adelaide’s north growth corridor, located 31 kilometres from the CBD
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Stamp Duty free investment opportunity
+ Net Income: $220,190 pa + GST
For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021
*Mitchell Institute, Australian Investment in Education: Early Learning.
RLA 293472
+ Two further 10 year options to 2052
+ Where we Grow: premium early education provider with a network of 8 centres
+ Desirable 3% annual rent increases (from 2023)
+ Tenant pays all usual outgoings
+ As new construction with significant depreciation benefits
+ Architecturally designed, child care facility with approval for 120 LDC places
+ Strategic 2,701 sqm main road site situated 200 metres from the Drake’s-anchored Angle Vale Shopping Centre
+ Angle Vale: part of Adelaide’s north growth corridor, located 31 kilometres from the CBD
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Stamp Duty free investment opportunity
+ Net Income: $220,190 pa + GST
For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021
*Mitchell Institute, Australian Investment in Education: Early Learning.
RLA 293472
Property ID: 503898202Last Updated: 24 Nov 2021
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Knight Frank - Adelaide (RLA 199257)Level 29, 91 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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