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Nido Early School , 42 - 48 Brilliant Boulevard, Mandogalup WA 6167

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Nido Early School , 42 - 48 Brilliant Boulevard, Mandogalup WA 6167

Mandogalup

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Nido Early School , 42 - 48 Brilliant Boulevard, Mandogalup WA 6167

Mandogalup

SOLD
Nido Early School , 42 - 48 Brilliant Boulevard, Mandogalup WA 6167

Nido Early School , 42 - 48 Brilliant Boulevard, Mandogalup WA 6167

Properties / Sold / Western Australia / Mandogalup
Tenanted Investment
Selling Method
EOI
Selling Details
Closing Tues 15th April at 4:00pm(AWST)
Land Area
min - 1,781, max - 1,781 m² (*approx)
Floor Area
569 - 569 m² (*approx)
Property Type
Health/Medical
Sub-type
Child Care
Est. Income
$355,770 p/a
Fully Leased
Nido Early School
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Truly Brilliant - Long Term Investment - Nido Early School with a 20+ year lease
  • 20 + 10 + 10 Year Lease to 2065
  • Rent of $355,770pa + outs + GST
  • ASX listed operator - Nido Education Ltd

Altegra Property Group are proud to exclusively present 44-48 Brilliant Boulevard, Mandogalup FOR SALE. A state of the art and purpose-built childcare centre, located in one of Perth's fastest growing corridors. 

For Sale via Expressions of Interest Closing Tuesday 15th April at 4:00pm (AWST) - Unless Sold Prior

This impeccable, high specification 82 place centre is set on a 1,781 sqm* corner site and is underpinned by a 20 year net lease, operated by an ASX listed “best in class” early learning provider, Nido Early School (ASX: NDO). The brand new asset provides significant depreciation benefits and represents a true blue-chip investment opportunity.

Nido Mandogalup is strategically positioned directly opposite a future proposed Primary School.

KEY INVESTMENT FEATURES INCLUDE:

- 20 Year Lease to 2045 with (2) two further (10) ten-year options to 2065

- Annual income of $355,770* + Outgoings & GST with annual CPI+1% increases

- Tenant pays all outgoings including land tax

- Strategic corner landholding of 1,781sqm* in the heart of Satterley's "Florence Estate"

- Purpose-built improvements to current Nido spec, completed in 2025 with a considerable replacement cost and substantial depreciation benefits

- Leased to Nido Early School - A brand synonymous with success and powerhouse national operator featuring over 100 centres in operation or in the development across Australia

- 30km from Perth CBD in the rapidly growing south metro corridor

- Mandogalup to feature over 2,700 residential lots on maturation

For Sale via Expressions of Interest Closing Tuesday 15th April at 4:00pm (AWST) - Unless Sold Prior

For further information, please contact the exclusive selling agent:

Anthony Morabito
M: + 61 430 101 385
E: [email protected]

Read More
Tenanted Investment
Tenanted Investment

42 - 48 Brilliant Boulevard Investment Summary

Property Type
Health/Medical
Sub-type
Child Care
Est. Income
$355,770 p/a
Number Of Tenants
1
Tenant
Nido Early School
Land Area
min - 1,781, max - 1,781 m² (*approx)
Floor Area
569 - 569 m² (*approx)
Selling Method
EOI
EOI Closing Date
15 Apr 2025 04:00PM
Selling Details
Closing Tues 15th April at 4:00pm(AWST)

Investment Highlights

Truly Brilliant - Long Term Investment - Nido Early School with a 20+ year lease
  • 20 + 10 + 10 Year Lease to 2065
  • Rent of $355,770pa + outs + GST
  • ASX listed operator - Nido Education Ltd

Altegra Property Group are proud to exclusively present 44-48 Brilliant Boulevard, Mandogalup FOR SALE. A state of the art and purpose-built childcare centre, located in one of Perth's fastest growing corridors. 

For Sale via Expressions of Interest Closing Tuesday 15th April at 4:00pm (AWST) - Unless Sold Prior

This impeccable, high specification 82 place centre is set on a 1,781 sqm* corner site and is underpinned by a 20 year net lease, operated by an ASX listed “best in class” early learning provider, Nido Early School (ASX: NDO). The brand new asset provides significant depreciation benefits and represents a true blue-chip investment opportunity.

Nido Mandogalup is strategically positioned directly opposite a future proposed Primary School.

KEY INVESTMENT FEATURES INCLUDE:

- 20 Year Lease to 2045 with (2) two further (10) ten-year options to 2065

- Annual income of $355,770* + Outgoings & GST with annual CPI+1% increases

- Tenant pays all outgoings including land tax

- Strategic corner landholding of 1,781sqm* in the heart of Satterley's "Florence Estate"

- Purpose-built improvements to current Nido spec, completed in 2025 with a considerable replacement cost and substantial depreciation benefits

- Leased to Nido Early School - A brand synonymous with success and powerhouse national operator featuring over 100 centres in operation or in the development across Australia

- 30km from Perth CBD in the rapidly growing south metro corridor

- Mandogalup to feature over 2,700 residential lots on maturation

For Sale via Expressions of Interest Closing Tuesday 15th April at 4:00pm (AWST) - Unless Sold Prior

For further information, please contact the exclusive selling agent:

Anthony Morabito
M: + 61 430 101 385
E: [email protected]

Read More
Tenanted Investment

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Nido Early School , 42 - 48 Brilliant Boulevard, Mandogalup WA 6167

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Property Location of Nido Early School , 42 - 48 Brilliant Boulevard, Mandogalup WA 6167

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Nido Early School , 42 - 48 Brilliant Boulevard, Mandogalup WA 6167 Mandogalup
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