Jarra Property’s Nido Early School in Harrisdale opened in the second week of February 2022, bringing a 37% Return on Equity for the shareholders of the project over an 11-month period.

Jarra Property worked closely with the Satterley Property Group and Nido Early School on this project in the Heron Park estate.  We identified an opportune site with a strategy to “Develop to Divest”.

Jarra Property secured planning approval, Agreement for Lease with the operator and an agreed building contract before opening the Investment Trust and settling the land.

The project was a success for all stakeholders including the estate owner, operator, investors and the buyer whom pre-purchased the asset during construction, off-market and ultimately securing our shareholders return before project completion.