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Altegra Property Group are proud to exclusively present 1 Swanzey Grove, Wellard FOR SALE. A state of the art and purpose-built childcare centre, located in one of Perth's fastest growing corridors.
For Sale via Expressions of Interest Closing Monday 10th November at 4:00pm (AWST) - Unless sold prior
This impeccable, high specification 92 place centre is set on a 2,098sqm corner site and is underpinned by a 15 year net lease. Operated by highly regarding "Buttercups Early Learning", with 17 centres across Perth metro and more in the pipeline. The brand new asset provides significant depreciation benefits and represents a true blue-chip investment opportunity.
Buttercups Wellard is strategically positioned amongst a brand new housing estate and is just a stones throw from Wellard Primary School.
KEY INVESTMENT FEATURES INCLUDE:
- 15 Year Lease to 2040 with (3) three further (10) ten-year options to 2070
- Annual income of $366,160 + Outgoings & GST with annual 3% increases
- Tenant pays all outgoings including land tax
- Strategic corner landholding of 2,098sqm in the heart of "Providence Estate", Wellard
- Purpose-built improvements to a high spec, completed in 2025 with a considerable replacement cost and substantial depreciation benefits
- Leased to Buttercups Early Learning - A well established and reputable WA operator with 17 centres and growing
- 38km from Perth CBD in the rapidly growing south metro corridor
- Wellard is a rapid growth suburb targeted towards young families with a forecasted population over 20,000 residents by 2046
For Sale via Expressions of Interest Closing Monday 10th November at 4:00pm (AWST) - Unless sold prior
For further information, please contact the exclusive selling agent Anthony Morabito
Altegra Property Group are proud to exclusively present 1 Swanzey Grove, Wellard FOR SALE. A state of the art and purpose-built childcare centre, located in one of Perth's fastest growing corridors.
For Sale via Expressions of Interest Closing Monday 10th November at 4:00pm (AWST) - Unless sold prior
This impeccable, high specification 92 place centre is set on a 2,098sqm corner site and is underpinned by a 15 year net lease. Operated by highly regarding "Buttercups Early Learning", with 17 centres across Perth metro and more in the pipeline. The brand new asset provides significant depreciation benefits and represents a true blue-chip investment opportunity.
Buttercups Wellard is strategically positioned amongst a brand new housing estate and is just a stones throw from Wellard Primary School.
KEY INVESTMENT FEATURES INCLUDE:
- 15 Year Lease to 2040 with (3) three further (10) ten-year options to 2070
- Annual income of $366,160 + Outgoings & GST with annual 3% increases
- Tenant pays all outgoings including land tax
- Strategic corner landholding of 2,098sqm in the heart of "Providence Estate", Wellard
- Purpose-built improvements to a high spec, completed in 2025 with a considerable replacement cost and substantial depreciation benefits
- Leased to Buttercups Early Learning - A well established and reputable WA operator with 17 centres and growing
- 38km from Perth CBD in the rapidly growing south metro corridor
- Wellard is a rapid growth suburb targeted towards young families with a forecasted population over 20,000 residents by 2046
For Sale via Expressions of Interest Closing Monday 10th November at 4:00pm (AWST) - Unless sold prior
For further information, please contact the exclusive selling agent Anthony Morabito
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