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.