Peritus Childcare Sales as exclusive leasing and marketing agents is pleased to present for lease 12-16 Phillip Street, Parkes, a brand-new 120-place early learning centre which will be delivered to a successful tenant on a full turn-key basis.

Expression of Interest Closing Friday 26 September 2025.

• Brand new 120-place centre delivered on a full turn-key basis
• DA approval pending and construction completion estimated in Q1 2027
• Very Sustainable asking base rent of $4,000- $4,200 per place reflecting a rental occupancy cost ratio of approximately 9% -9.6%
• Conservative average daily fees adopted of $169 (current average of comparable competitor fees)
• Current daily fees within the catchment area of range from $151- $180
• 15-year lease term-certain period with an additional 5+5+5 years of further options extending the secured lease term to 30 years
• High-quality improvements and fit-out, provided to the successful tenant on a full turn-key basis guaranteeing a best-in-class service offering within the catchment area
• Current Demand:Supply ratio of 2.4:1 (3km)
• Current Demand:Supply ratio of 2.4:1 (10-min Drive-time)
• 10,758 residents reside within the defined catchment area
• Pro forma EBITDA (net profit) potential assuming an annual average 80% utilisation rate of $1,100,000
• Pro forma EBITDA (net profit) potential assuming an annual average 90% utilisation rate of $1,300,000
• Pro forma EBITDA (net profit) potential assuming an annual average 100% utilisation rate of $1,800,000
• EBITDA margin potential (net profit margin) of 25%+