2 Ovens View, Mandogalup, WA, 6167

Sterling Property is pleased to present the freehold interest in Buttercups Early Learning Mandogalup, located at 2 Ovens View, Mandogalup WA, For Sale by Offers Invited.

This opportunity represents a secure, long-term childcare investment underpinned by a 15-year lease to Buttercups Early Learning, one of Western Australia's largest privately owned childcare operators, with a modern purpose-built facility positioned within Perth's rapidly expanding southern growth corridor.

KEY INVESTMENT HIGHLIGHTS

🔹 Secure 15-year net lease to 2040 with 10-year options to 2070

🔹 Fixed annual rental increases of 3.25%, providing strong built-in income growth

🔹 Purpose-built new 96 place single level childcare facility with depreciation benefits

🔹 Prominent 2,048sqm corner site opposite Apsley Park and Future Primary School

🔹 Leased to Buttercups Early Learning, one of Western Australia's largest privately owned childcare operators with a network of 20+ centres

🔹 Tenant responsible for all outgoings including Land Tax and management fees

🔹 Within the 1,800-lot Apsley Master Planned Community delivered by Qube Property Group

🔹 Strong residential growth catchment, with Mandogalup recording a median house price of approximately $970,000 and annual growth of 14.4%*

🔹 Strategically located approximately 27km south of the Perth CBD within Perth's high-growth southern corridor

🔹 Close proximity to major employment hubs including the Kwinana Industrial Area and Naval Base

🔹 Positioned to benefit from substantial future investment associated with AUKUS and defence infrastructure projects

🔹 Childcare/Early Education remains a highly sought-after social infrastructure asset class supported by strong population growth and ongoing government investment

🔹 Attractive net passing income of $411,843.60 pa + GST + Outgoings (from 22nd August 2026)

*Source: REIWA Suburb Profile

For further information or to arrange an inspection, please contact the exclusive selling agents at Sterling Property.

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