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31 Amelia Street, BALCATTA, WA, 6021

+21 Photos

+23 Photos

SOLD

31 Amelia Street, BALCATTA, WA, 6021

Properties / Sold / Western Australia / Balcatta

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

1,673 m² (*approx)

Floor Area

570 m² (*approx)

Property Type

Retail, Child/Healthcare, Other

Sub-type

Child Care

Show All

2. Property Highlights

Strong Trading Childcare Investment

15 Year Net lease + options to 2065
Fixed 3% annual rent increases
Strong underlying occupancy of 90%+

+ New 15 year net lease to Nido Early Learning to 2035

+ Three further 10 year options to 2065

+ Nido Early School: Operated and managed by Think Childcare under their premium brand with a network of 78 centres nationally

+ Tenant pays all outgoings including land tax & management fees

+ Desirable fixed 3% annual rent increases

+ Impressive 546 sqm purpose-built educational child care facility, licensed for 72 LDC

+ Strong underlying occupancy of 85%+

+ Prime 1,673 sqm corner site, directly opposite West Balcatta Primary School and Balcatta Senior High School

+ Strategically positioned within easy access to major transport links including the Mitchell Freeway, Erindale Road, Karrinup Road, Wanneroo Road only 10 km from the Perth CBD

+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding of $10.5 billion in the 2019/20 financial year

+ Net Income: $216,000 pa + GST and Outgoings

For Sale by Investment Portfolio Auction

10:30am (AEST) Wednesday 12 May 2021 (unless sold prior)

Crown Casino, Melbourne

Remember to mention you found this property on CommercialReady.com.au

Property Type

Retail, Child/Healthcare, Other

Sub-type

Child Care

Land Area

1,673 m² (*approx)

Floor Area

570 m² (*approx)

Selling Method

Auction

Selling Details

Price on Request

2. Property Highlights

Strong Trading Childcare Investment

15 Year Net lease + options to 2065
Fixed 3% annual rent increases
Strong underlying occupancy of 90%+

+ New 15 year net lease to Nido Early Learning to 2035

+ Three further 10 year options to 2065

+ Nido Early School: Operated and managed by Think Childcare under their premium brand with a network of 78 centres nationally

+ Tenant pays all outgoings including land tax & management fees

+ Desirable fixed 3% annual rent increases

+ Impressive 546 sqm purpose-built educational child care facility, licensed for 72 LDC

+ Strong underlying occupancy of 85%+

+ Prime 1,673 sqm corner site, directly opposite West Balcatta Primary School and Balcatta Senior High School

+ Strategically positioned within easy access to major transport links including the Mitchell Freeway, Erindale Road, Karrinup Road, Wanneroo Road only 10 km from the Perth CBD

+ Net Income: $216,000 pa + GST and Outgoings

For Sale by Investment Portfolio Auction

10:30am (AEST) Wednesday 12 May 2021 (unless sold prior)

Crown Casino, Melbourne

Remember to mention you found this property on CommercialReady.com.au

Tenanted Investment