Knight Frank Canberra is pleased to present a rare opportunity to acquire a securely leased childcare centre in the established and family-oriented suburb of Rivett. With a strong national tenant in place and located in the tightly held Weston Creek region, this asset offers investors a long-term, income-generating opportunity underpinned by consistent demand and favourable demographics.
Investment Highlights:
- Rivett is a well-established suburb within Weston Creek, a district known for its family-friendly environment and stable residential base. As of the 2021 Census, Weston Creek had a population of 24,630, with a median age of 41. Notably, 82% of dwellings are separate houses, significantly higher than the ACT average of 63%, indicating a predominance of family homes.
- The district's population is projected to grow from 23,066 in 2017 to 33,200 by 2041, reflecting a 44% increase.*
- Rivett's demographic profile is particularly conducive to childcare services. The suburb has a population of 3,354, with an average household size of 2.5 people . Approximately 21% of residents are under the age of 15, highlighting a substantial cohort of young families.*
- Lease: 20 year initial lease with options to 2075
- Annual Rent Increases: 3.50% annual increases
- Tenant: A 100 place centre leased to 360 Early Education Founded in 2009, 360 Early Education has expanded its presence across the ACT and NSW, consistently delivering high-quality early learning experiences. Their reputation for exceeding national quality standards underscores their commitment to excellence.
- Land Area: 1,943 sqm* parcel with 9 car spaces on Title, however benefitting from 57 additional spaces within 50 m from the asset and fronting Rivett Local Shops.
- Education Infrastructure: 8 schools across Government, Catholic, and independent sectors in the Weston Creek catchment.
- Net Income: $384,000* (Net Lease)
9 Rivett Place, Rivett ACT For Sale via Expressions of Interest closing 4pm Thursday 10 July 2025.
Please contact Nathan Dunn, Paul Douglas-MacDonald or Lucas Brinkmeyer from Knight Frank Canberra for additional information.
*ABS Data
*Approx
