Watch Watch
Your home of Commercial Ready videos
Watch Watch
Back
Sold Check

26 Harness Street, Hilbert, WA, 6112

+18 Photos
/
Images
Close

26 Harness Street, Hilbert, WA, 6112

Hilbert

×
Sold Check
+20 Photos

26 Harness Street, Hilbert, WA, 6112

Hilbert

SOLD
26 Harness Street, Hilbert, WA, 6112

26 Harness Street, Hilbert, WA, 6112

Properties / Sold / Western Australia / Hilbert
Tenanted Investment
Selling Method
For Sale
Selling Details
Price on Request
Land Area
2,485 m² (*approx)
Floor Area
758 m² (*approx)
Property Type
Health/Medical, Retail
Sub-type
Child Care
Est. Income
$338,000 p/a
Fully Leased
Little Learners Place
Show All
Brand New Childcare Investment in One of Perth's Fastest-Growing Suburbs
  • New 15 Year Net Lease to 2039
  • Fixed 3% Rent Increases
  • Tenant Pays 100% of Outgoings

Burgess Rawson is pleased to offer to the market, 26 Harness Street, Hilbert WA, for sale via Private Treaty.

+ Brand new 15 year net lease 2039

+ Two further ten year options to 2059

+ Little Learners Place: Leading WA operator with 9 centres and expanding

+ Fixed 3% annual rent increases, ensuring rental growth

+ Tenant pays all outgoings including land tax and management fees

+ Impressive 758sqm* childcare facility approved for 104 LDC places with 24 car spaces on title

+ Brand new construction offering outstanding depreciation benefits

+ Expansive 2,485 sqm* site located within 50 meters of the future Coles-owned neighbourhood shopping centre.

+ Situated within a 3 km* radius of four schools and in close proximity to Armadale Shopping City and Armadale Central Shopping centre, anchored by major retailers including Coles, Kmart, Target, and Woolworths, alongside a variety of specialty stores, dining venues, and essential services, a key retail destination for Armadale and surrounding suburbs.

+ Ideally positioned just 700 meters from Tonkin Highway, a key north-south arterial route offering seamless access for commuters to and from Perth, enhancing connectivity and transport convenience, with 29,000+ passing cars per day.

+ Hilbert: One of Armadale's fastest-growing suburbs, located just 30 km from Perth's CBD. With rapid residential development and increasing demand for amenities, Hilbert is becoming a sought-after area for families and investors alike.

+ Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.

+ The 2024-25 Federal Budget has paved the way for positive change and reform in the childcare sector. In addition to this increase in award wages for childcare educators, $650 million will be allocated to workforce qualification and training in the childcare sector over the next four years to further enhance the quality of education and support the future of Australian children.

+ Net Income: $338,000 pa* + GST

For Sale via Private Treaty

Please contact the exclusively appointed Burgess Rawson childcare team for more information.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

26 Harness Street Investment Summary

Property Type
Health/Medical, Retail
Sub-type
Child Care
Est. Income
$338,000 p/a
Tenant
Little Learners Place
Land Area
2,485 m² (*approx)
Floor Area
758 m² (*approx)
Selling Method
For Sale
Selling Details
Price on Request

Investment Highlights

Brand New Childcare Investment in One of Perth's Fastest-Growing Suburbs
  • New 15 Year Net Lease to 2039
  • Fixed 3% Rent Increases
  • Tenant Pays 100% of Outgoings

Burgess Rawson is pleased to offer to the market, 26 Harness Street, Hilbert WA, for sale via Private Treaty.

+ Brand new 15 year net lease 2039

+ Two further ten year options to 2059

+ Little Learners Place: Leading WA operator with 9 centres and expanding

+ Fixed 3% annual rent increases, ensuring rental growth

+ Tenant pays all outgoings including land tax and management fees

+ Impressive 758sqm* childcare facility approved for 104 LDC places with 24 car spaces on title

+ Brand new construction offering outstanding depreciation benefits

+ Expansive 2,485 sqm* site located within 50 meters of the future Coles-owned neighbourhood shopping centre.

+ Situated within a 3 km* radius of four schools and in close proximity to Armadale Shopping City and Armadale Central Shopping centre, anchored by major retailers including Coles, Kmart, Target, and Woolworths, alongside a variety of specialty stores, dining venues, and essential services, a key retail destination for Armadale and surrounding suburbs.

+ Ideally positioned just 700 meters from Tonkin Highway, a key north-south arterial route offering seamless access for commuters to and from Perth, enhancing connectivity and transport convenience, with 29,000+ passing cars per day.

+ Hilbert: One of Armadale's fastest-growing suburbs, located just 30 km from Perth's CBD. With rapid residential development and increasing demand for amenities, Hilbert is becoming a sought-after area for families and investors alike.

+ Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.

+ The 2024-25 Federal Budget has paved the way for positive change and reform in the childcare sector. In addition to this increase in award wages for childcare educators, $650 million will be allocated to workforce qualification and training in the childcare sector over the next four years to further enhance the quality of education and support the future of Australian children.

+ Net Income: $338,000 pa* + GST

For Sale via Private Treaty

Please contact the exclusively appointed Burgess Rawson childcare team for more information.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

Finance Calculator

26 Harness Street, Hilbert, WA, 6112

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
$xxx,xxx
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: western australia
Indicative rate for western australia. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO western australia for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 26 Harness Street, Hilbert, WA, 6112

Property Map
26 Harness Street, Hilbert, WA, 6112 Hilbert
calculator-icon Yield Calculator
calcultor-icon Yield Calculator