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CBRE - VIC

1 Saverio Boulevard Angle Vale, SA 5117

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1 Saverio Boulevard,
Angle Vale, SA 5117

Medical & Consulting • Shops & Retail • Other

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CBRE - VIC
Natalie Couper
Adam Thomas

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - VIC
1 Saverio Boulevard
Angle Vale, SA 5117

Map of 1 Saverio Boulevard

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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

Angle Vale, 5117 demographic data

The median household income for Angle Vale is $2,248, 45% higher than Greater Adelaide's household income of $1,548. Angle Vale has a younger age profile compared to the rest of Greater Adelaide (median age 35 vs 39). Property ownership data shows 67% of property owners in Angle Vale have a mortgage.

4,051
Population
$2,248 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households
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