Image: 43 Espial Street, Seaford Heights SA
In a significant transaction that highlights the appeal of childcare real estate, Leyton Property has successfully concluded the off-market sale of a premium early learning centre at 43 Espial Street, Seaford Heights, for $6.92 million.
The asset, leased to national provider Edge Early Learning on a long-term 20+10+10 year lease, achieved a yield of 5.71%—speaking to the growing investor appetite for secure, social infrastructure investments.
Located in the burgeoning residential precinct of Seaford Heights—just 30 kilometres* south of Adelaide’s CBD -the purpose-built centre is strategically positioned on a high-profile site at the entrance of the Vista housing estate. The newly complete centre serves a rapidly growing community, with over 1,100 new homes planned and five schools within a 2.5 km radius.
Edge Early Learning, the tenant, is among Australia’s most respected childcare operators. With 64 centres nationally, the brand continues to expand its South Australian footprint—this being its 18th local facility.
Sam Alexander of Cushman & Wakefield, who managed the sale described the deal as emblematic of current market sentiment. “This transaction underscores the depth of buyer demand for quality early learning assets with secure lease covenants. Investors are actively seeking opportunities with long leases, fixed rental growth, and nationally recognised tenants—and this property ticked all those boxes,” he said.
“Leyton Property’s ability to deliver market leading developments in key areas time and time again reinforces their role as a key player in South Australia’s property landscape.”
“Assets like Espial Street offer clarity, community benefit, and consistent returns for investors. This deal is a win for all parties—and importantly, a win for the local area who will benefit from enhanced early learning infrastructure in their own backyard” said Mr Alexander.
*Approx.
