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38 Paterson Street, Mundijong, WA, 6123

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38 Paterson Street, Mundijong, WA, 6123

Mundijong

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38 Paterson Street, Mundijong, WA, 6123

Mundijong

38 Paterson Street, Mundijong, WA, 6123

38 Paterson Street, Mundijong, WA, 6123

Properties / Buy / Western Australia / Mundijong
Tenanted Investment
Selling Method
For Sale
Selling Details
Offers Invited
Land Area
1,014 m² (*approx)
Floor Area
1 m² (*approx)
Property Type
Health/Medical, Other
Sub-type
Child Care
Terms
15 Year lease expiring 2040 with options
Est. Income
$212,500 p/a
Fully Leased
Jelly Tots Early Learning Centres Pty Ltd
Car Spaces
9
Show All
Brand-New Boutique Childcare Investment Located in High Growth Corridor
  • 50-place Childcare Centre
  • High Growth Location
  • Multi-Site Operator

Sterling Property & Harrper Projects as joint-exclusive selling agents are pleased to present 38 Paterson Street, Mundijong (WA); For Sale by Offers Invited closing Thursday 15th July 2025 at 3pm AWST (unless sold prior).

This boutique 50-place childcare centre is strategically positioned within the Mundijong Town Centre on the prominent high exposure Paterson Street, surrounded by strong amenity adjoining the local medical practice and pharmacy, directly opposite the Mundijong train station, 180m to Mundijong IGA and only 300m to Mundijong Primary School.

• 15 Year lease expiring 2040 with 1 x 15-year option to 20255

• Brand-New single level 50-place Purpose Built Childcare Centre

• Mundijong a high growth catchment expected to grow by 10.6% pa over next 25-years

• Securely leased to Jelly Tots Early Learning Centres Pty Ltd t/a Jelly Tots Mundijong

• Jelly Tots Early Learning; a growing multi-site operator with other Centres in North Perth & South Yunderup

• Extension of Tonkin Highway to Thomas road to improve connectivity to the suburb and facilitate future growth

• Located in Town Centre 300m local primary school and nearby to local shopping centre, Medical Centre & train station

• Nearby to Parcel Property's Mundi estate, set to deliver approx 1,900 lots, with Stage one now selling

• Tenant pays all outgoings including land tax and property management

• Built in rental growth via 3% annual rent increases

• Significant depreciation benefits

• Net Income: $212,500 pa + GST

Childcare is a highly sought-after asset class favoured for its defensive characteristics: long term leases, fixed rental increases, strong tenant covenants and underpinned by significant Government funding offering investors secure, long-term returns

To request a copy of the Information Memorandum or discuss the opportunity further, please contact the Joint Exclusive Selling Agents Sterling Property or Harrper Projects.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

38 Paterson Street Investment Summary

Property Type
Health/Medical, Other
Sub-type
Child Care
Est. Income
$212,500 p/a
Tenant
Jelly Tots Early Learning Centres Pty Ltd
Terms
15 Year lease expiring 2040 with options
Land Area
1,014 m² (*approx)
Floor Area
1 m² (*approx)
Car Spaces
9
Selling Method
For Sale
Selling Details
Offers Invited

Investment Highlights

Brand-New Boutique Childcare Investment Located in High Growth Corridor
  • 50-place Childcare Centre
  • High Growth Location
  • Multi-Site Operator

Sterling Property & Harrper Projects as joint-exclusive selling agents are pleased to present 38 Paterson Street, Mundijong (WA); For Sale by Offers Invited closing Thursday 15th July 2025 at 3pm AWST (unless sold prior).

This boutique 50-place childcare centre is strategically positioned within the Mundijong Town Centre on the prominent high exposure Paterson Street, surrounded by strong amenity adjoining the local medical practice and pharmacy, directly opposite the Mundijong train station, 180m to Mundijong IGA and only 300m to Mundijong Primary School.

• 15 Year lease expiring 2040 with 1 x 15-year option to 20255

• Brand-New single level 50-place Purpose Built Childcare Centre

• Mundijong a high growth catchment expected to grow by 10.6% pa over next 25-years

• Securely leased to Jelly Tots Early Learning Centres Pty Ltd t/a Jelly Tots Mundijong

• Jelly Tots Early Learning; a growing multi-site operator with other Centres in North Perth & South Yunderup

• Extension of Tonkin Highway to Thomas road to improve connectivity to the suburb and facilitate future growth

• Located in Town Centre 300m local primary school and nearby to local shopping centre, Medical Centre & train station

• Nearby to Parcel Property's Mundi estate, set to deliver approx 1,900 lots, with Stage one now selling

• Tenant pays all outgoings including land tax and property management

• Built in rental growth via 3% annual rent increases

• Significant depreciation benefits

• Net Income: $212,500 pa + GST

Childcare is a highly sought-after asset class favoured for its defensive characteristics: long term leases, fixed rental increases, strong tenant covenants and underpinned by significant Government funding offering investors secure, long-term returns

To request a copy of the Information Memorandum or discuss the opportunity further, please contact the Joint Exclusive Selling Agents Sterling Property or Harrper Projects.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

Property Location of 38 Paterson Street, Mundijong, WA, 6123

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