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2. Property Highlights

New Childcare Investment | 15 Year Net Lease plus Option to 2048
  • New 15 Year Lease plus Option
  • Fixed 3% increases
  • Significant depreciation benefits

Burgess Rawson is pleased to offer to the market, 5 Charlotte Street, Dardanup WA for sale by Expressions of Interest:

This opportunity has the following key investment highlights:

+ Brand new 15-year net lease to Young Bucks to 2038.

+ One further 10-year option to 2048.

+ Young Bucks ELC: established operator with four Western Australian locations.

+ Desirable fixed annual 3% rent increases.

+ Tenant pays all usual outgoings including single holding land tax.

+ Two storey childcare centre licensed for 67 LDC places.

+ New construction with significant depreciation benefits.

+ Large 1,174sqm* main road landholding is positioned within close proximity to public amenities and located only 15 kilometres from the Bunbury CBD.

+ The Shire of Dardanup has been identified in State Government planning as a premier catchment for WA's future urban and industrial expansion. The planned new City of Wanju, within the Shire of Dardanup, will accommodate 60,000 people and almost 20,000 homes. It is set to re-define modern urban planning and design in Western Australia with commitment to sustainable living practices, supported and driven economically by a neighbouring area of identified industrial expansion Waterloo Industrial Park.*

+ Child Care/Early Education is an essential service with both the Federal and State Governments allocating unprecedented funding to the sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding plus an additional $4.7 billion to deliver more affordable childcare, which includes increasing the Child Care Subsidy (CCS) rates from July 2023. This reform aims to enhance the affordability of early education and care for approximately 96% of families with a child in care^

+ Net Income $254,600 pa + GST

To be sold via Expressions of Interest campaign

Closing 3pm (AEST) Tuesday 19th of September 2023

Please contact the exclusively appointed team Burgess Rawson team for more information:

^ Australian Government - Department of Education | Child Care Subsidy Reform

*Shire of Dardanup

Remember to mention you found this property on CommercialReady

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3. Property Location

5 Charlotte Street, Dardanup, WA, 6236

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4. Due Diligence

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5 Charlotte Street, Dardanup, WA, 6236 Dardanup
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