For sale
Bright Steps Academy, 40 Maurice Road, Murray Bridge
NO STAMP DUTY & LAND TAX – OVERSIZED 4,255SQM* SITE WITH BRAND NEW 121-PLACE EDUCATION INVESTMENT WITH 20+10 YEAR LEASE WITH 4% ANNUAL INCREASE
Jones Real Estate is excited to present Bright Steps Academy, 40 Maurice Road, Murray Bridge, For Sale via Private Negotiation.
For the avoidance of doubt, we are selling the building (freehold) only, not the tenant’s business (leasehold). The tenant, Bright Steps Academy, remains committed to the property in accordance with the longstanding terms of the lease.
Positioned at the heart of Murray Bridge Golf Club, regarded as one of Adelaide’s premier golf destinations, and “Newbridge”, a major residential development comprising circa 350* allotments.
A brand new 121-place childcare investment on a substantial 4,255sqm* freehold site, the property sits within an established Murray Bridge family catchment of close to 4,000 families, around 1,700 children aged under 10 and 7+ schools within 3km – well placed to capture long-term childcare demand as the region continues to grow. Investments of this calibre remain tightly held and highly sought after.
Key highlights include:
– Brand new, purpose-built 121-place childcare centre on a substantial 4,255sqm* freehold site, secured by a 20-year lease to 2045 plus 10-year option to Bright Steps Academy, offering potential income security through to 2055.
– Tenant covenant underpinned by Bright Steps Academy’s growing national footprint of 10 operating centres and a further 8*^ locations coming soon, supported by both director and bank guarantees.
– As a growing private operator with a meaningful pipeline, Bright Steps offers a more grounded, family-connected and closely monitored operating profile than larger institutional groups – appealing to investors seeking stronger tenant alignment, stability and long-term operational integrity.
– Passing rent of $411,840 p.a.* + GST and outgoings with fixed 4% annual increases, delivering visible income growth and strong compounding appeal.
– Highly attractive net lease with 100% outgoings recovery including land tax, combined with a stamp duty exempt acquisition, materially improving purchaser efficiency at entry.
– Situated within an established Murray Bridge family catchment of close to 4,000* families and around 1,700* children aged under 10, with 7+ schools within 3km supporting ongoing childcare demand.
– Murray Bridge is projected to grow by more than 40%^ to 2041, reinforcing the longer-term population and childcare demand story.
*Approx.
^Estimated.
For further information or to arrange an inspection, please contact the exclusive selling agents at Jones Real Estate.
Registered Land Agent – RLA 354848.
Disclaimer: Sizes and dimensions are approximate. Parties should not rely solely on this summary; independent professional advice is recommended before proceeding.
Map of: Bright Steps Academy, 40 Maurice Road SA 5253
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