121 Moorpark Avenue

Yanchep WA 6035

This opportunity has the following key investment highlights:
+ New 30 Year net lease to G8 Education Ltd to 2053.
+ G8 Education Ltd (ASX:GEM): Australia's largest ASX-listed childcare provider, educating more than 46,000 children daily across 430+ locations.
+ Annual CPI reviews
+ Tenant pays all outgoings including land tax and management fees.
+ State-of-the-art childcare centre licenced for 100 LDC places.
+ Brand new construction offering significant depreciation benefits.
+ Large 3,032sqm site strategically positioned opposite the recently constructed (2021) Yanchep Rise Primary School and within the newly developed Vertex Private Estate, underpinned by 580 allotments.
+ Conveniently located within close proximity to ALDI and the Woolworths-anchored Yanchep Central Shopping Centre, currently undergoing a $22 million expansion which will feature a new Coles Supermarket.
+ Situated within an established education precinct (four schools within 1.8 kilometre radius) servicing more than 1,950 students.
+ Yanchep: one of Western Australia's fastest growing coastal municipalities located 50 kilometres north from the Perth CBD and with a population forecast to increase by 293% by 2041.
+ Child Care/Early Education is an essential service with both the Federal and State Governments allocating unprecedented funding to the sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding plus an additional $4.7 billion to deliver more affordable child care, which includes increasing the Child Care Subsidy (CCS) rates from July 2023. This reform aims to enhance the affordability of early education and care for approximately 96% of families with a child in care.^

+ Net Income: $285,000 pa + GST.

For Sale by Private Treaty
Please contact the exclusively appointed Burgess Rawson childcare team for more information.

*Approx. ^Australian Government - Department of Education | Child Care Subsidy Reform