157 Rockingham Road,
Hamilton Hill, WA 6163
Medical & Consulting • Shops & Retail • Other
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Perth
Level 10, 225 St Georges TerracePERTH, WA 6000
157 Rockingham Road
Hamilton Hill, WA 6163
Map of 157 Rockingham Road
Established Childcare Investment with Rare 30 Year Triple Net Lease to 2050
- 30 Year Triple Net Lease to 2050
- Min 2.5% annual rent increases
- Prominent 3,072 sqm main road site
+ Rare 30 year triple net lease to Genius Early Learning to 2050
+ One further 10 year option to 2060
+ Genius: highly experienced early education provider with a network of 29 centres nationally
+ Recently refurbished child care facility, licensed for 99 LDC places
+ Min 2.5% annually increases, plus ratchet provisions at market review ensuring rent cannot reduce over the life of the lease
+ Tenant pays 100% of outgoings including: all maintenance (both capital and structural), land tax, rates, insurance and management fees
+ Prominent 3,072sqm main road site with 14,000+ vehicles passing daily
+ Strategically positioned 450 metres from both Phoenix and Southwell Primary schools, and within ease of access to major transport links and only 23km 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 to the sector in the 2019/20 financial year
+ Situated within significant education precinct (15 schools within a 3km radius)
+ Net Income: $289,203 pa + GST
For Sale by Investment Portfolio Auction
Wednesday 23 June 2021
Crown Casino, Melbourne
Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane
+ One further 10 year option to 2060
+ Genius: highly experienced early education provider with a network of 29 centres nationally
+ Recently refurbished child care facility, licensed for 99 LDC places
+ Min 2.5% annually increases, plus ratchet provisions at market review ensuring rent cannot reduce over the life of the lease
+ Tenant pays 100% of outgoings including: all maintenance (both capital and structural), land tax, rates, insurance and management fees
+ Prominent 3,072sqm main road site with 14,000+ vehicles passing daily
+ Strategically positioned 450 metres from both Phoenix and Southwell Primary schools, and within ease of access to major transport links and only 23km 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 to the sector in the 2019/20 financial year
+ Situated within significant education precinct (15 schools within a 3km radius)
+ Net Income: $289,203 pa + GST
For Sale by Investment Portfolio Auction
Wednesday 23 June 2021
Crown Casino, Melbourne
Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane
Explore property virtually
Video
Hamilton Hill, 6163 demographic data
The median household income for Hamilton Hill is $1,396, 25% lower than Greater Perth's household income of $1,865. Hamilton Hill has an older age profile compared to the rest of Greater Perth (median age 39 vs 37). Property ownership data shows 54% of property owners in Hamilton Hill have a mortgage.
11,327
Population
$1,396 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
Burgess Rawson - Perth Level 10, 225 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from Burgess Rawson - Perth
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Little Kindy, 40 Collick Street,Hilton, WA 6163 462 m²Medical & Consulting • Offices • Shops & Retail
Contact Agent
Little Kids Club, 201 Hamilton Road,Coogee, WA 6166 436 m²Medical & Consulting • Shops & Retail • Other
