Sterling Property as Exclusive Selling Agent is pleased to present For Sale 37 Chancery Crescent, Willetton; an outstanding established childcare investment opportunity leased to 'Mint Childcare & Kindy Willetton'.
Opportunity Highlights:
- Secure 10-year lease to Mint Childcare & Kindy until 2032 with options to extend to 2052
- Attractive annual rent increases to higher of CPI or 3.5% (market review at option)
- 42-place childcare centre on a 1,127 sqm corner site
- Prominent exposure on the corner of South Street and Karel Avenue
- Willetton median house price: $1.17 million, reflecting the area's blue-chip status
- Strong underlying land value underpinned by Willetton residential market growth
- Close proximity to Bull Creek Shopping Centre
- 7 primary schools within a 2km radius
- Operator with a national footprint of three centres
- Net Income: $133,232.45 per annum plus GST
Tenant Overview: Mint Childcare & Kindy has built a strong reputation in early childhood education, providing exceptional care and education for local families. With nearly two decades of experience, their commitment to quality has made them a trusted operator in the industry.
This rare investment is being offered for sale via Offers Invited, closing on Tuesday 27th May 2025 at 3 PM (AWST) - Unless sold prior.
To request a copy of the IM or to arrange an inspection, please contact the exclusive selling agents Jake Wallman and Simon Brady of Sterling Property Group.
Remember to mention you found this property on CommercialReady
Sterling Property as Exclusive Selling Agent is pleased to present For Sale 37 Chancery Crescent, Willetton; an outstanding established childcare investment opportunity leased to 'Mint Childcare & Kindy Willetton'.
Opportunity Highlights:
- Secure 10-year lease to Mint Childcare & Kindy until 2032 with options to extend to 2052
- Attractive annual rent increases to higher of CPI or 3.5% (market review at option)
- 42-place childcare centre on a 1,127 sqm corner site
- Prominent exposure on the corner of South Street and Karel Avenue
- Willetton median house price: $1.17 million, reflecting the area's blue-chip status
- Strong underlying land value underpinned by Willetton residential market growth
- Close proximity to Bull Creek Shopping Centre
- 7 primary schools within a 2km radius
- Operator with a national footprint of three centres
- Net Income: $133,232.45 per annum plus GST
Tenant Overview: Mint Childcare & Kindy has built a strong reputation in early childhood education, providing exceptional care and education for local families. With nearly two decades of experience, their commitment to quality has made them a trusted operator in the industry.
This rare investment is being offered for sale via Offers Invited, closing on Tuesday 27th May 2025 at 3 PM (AWST) - Unless sold prior.
To request a copy of the IM or to arrange an inspection, please contact the exclusive selling agents Jake Wallman and Simon Brady of Sterling Property Group.
Remember to mention you found this property on CommercialReady