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201 Hamilton Road, COOGEE, WA, 6166

+21 Photos

+23 Photos

SOLD

201 Hamilton Road, COOGEE, WA, 6166

Properties / Sold / Western Australia / Coogee

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

1,395 m² (*approx)

Floor Area

436 m² (*approx)

Property Type

Retail, Child/Healthcare, Other

Terms

15 year net lease + option to 2047

Est. Income

$224,040 p/a

Fully Leased

Little Kids Club

Show All

2. Property Highlights

High Growth Location Childcare Investment

15 year net lease + option to 2047
Fixed 3% annual rent increases
Strategic 1,395sqm corner site

+New 15 year net lease to Little Kids Club to 2037.

+One further 10 year option to 2047.

+Little Kids Club: part of Ascolta ELC, a Perth-based operator, with a future network of 6 centres.

+Desirable 3% annual rent increases.

+Tenant pays 100% of all outgoings including: land tax, rates, insurances and management fees.

+Impressive 436sqm purpose-built child care centre, with approval for 64 LDC places.

+Brand new building with significant depreciation benefits.

+Strategic 1,395sqm corner site, situated amongst an established area with further “infill” residential development occurring and within close proximity to both Cockburn and Stock Roads.

+Situated within a significant education precinct (7 primary schools within 2.2 kilometre radius)

+Coogee: popular coastal suburb located only 18 kilometres south from the Perth CBD and 6.4 kilomtres south of Fremantle.

+Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*

+Net Income: $224,040pa + GST.

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 22 June 2022

Crown Casino - River Room

*Mitchell Institute, Australian Investment in Education: Early Learning.

Remember to mention you found this property on CommercialReady

Property Type

Retail, Child/Healthcare, Other

Est. Income

$224,040 p/a

Tenant

Little Kids Club

Terms

15 year net lease + option to 2047

Land Area

1,395 m² (*approx)

Floor Area

436 m² (*approx)

Selling Method

Auction

Selling Details

Price on Request

2. Property Highlights

High Growth Location Childcare Investment

15 year net lease + option to 2047
Fixed 3% annual rent increases
Strategic 1,395sqm corner site

+New 15 year net lease to Little Kids Club to 2037.

+One further 10 year option to 2047.

+Little Kids Club: part of Ascolta ELC, a Perth-based operator, with a future network of 6 centres.

+Desirable 3% annual rent increases.

+Tenant pays 100% of all outgoings including: land tax, rates, insurances and management fees.

+Impressive 436sqm purpose-built child care centre, with approval for 64 LDC places.

+Brand new building with significant depreciation benefits.

+Strategic 1,395sqm corner site, situated amongst an established area with further “infill” residential development occurring and within close proximity to both Cockburn and Stock Roads.

+Situated within a significant education precinct (7 primary schools within 2.2 kilometre radius)

+Coogee: popular coastal suburb located only 18 kilometres south from the Perth CBD and 6.4 kilomtres south of Fremantle.

+Net Income: $224,040pa + GST.

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 22 June 2022

Crown Casino - River Room

*Mitchell Institute, Australian Investment in Education: Early Learning.

Remember to mention you found this property on CommercialReady

Tenanted Investment