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LJ Hooker Commercial - Perth

216 Wentworth Parade Success, WA 6164

Directions

216 Wentworth Parade,
Success, WA 6164

Medical & Consulting

Price information

Sale

Offers Invited

Key property information

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$269,700
Number of Tenants
1 Tenant
Tenants / Type
Sagewood - Child Care

Private inspections

to arrange a private inspection.

Map of 216 Wentworth Parade

Directions
  • Train stations within 5 km of 216 Wentworth Parade, Success, WA 6164Distance
    Aubin Grove Station1.3 km
    Cockburn Central Station2.1 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 216 Wentworth Parade, Success, WA 6164Distance
    Wentworth Pde Before Richmond Ent115 m
    Wentworth Pde After Bartram Rd121 m
    Wentworth Pde Before Bartram Rd144 m
    Wentworth Pde After Richmond Ent259 m
    Wentworth Pde Before Dunlap Rd435 m
    POWERED BY HERE ©
POWERED BY HERE ©

Brand-New Childcare Investment Leased to Top Tier WA Operator

  • Strong Trading Childcare
  • Licensed for 87 Places
  • Established Catchment
LJ Hooker Commercial Perth & MMJ Real Estate (WA) as joint-exclusive selling agents are pleased to present 216 Wentworth Parade, Success, Western Australia; a premium Childcare Investment opportunity For Sale by Offers Invited Closing Thursday 23rd June 2022.

- 15 Year lease expiring January 2037 with 4 x 5 year options
- Securely leased to experienced WA operator, Sagewood Early Learning
- Net Income: $269,700 + GST
- Tenant pays all outgoings
- Fixed 2.75% annual rent increases
- Located approximately 22 kms south of the Perth CBD in the established suburb of Success, ideally positioned between the Cockburn Central town centre precinct and Success Primary School.
- Conveniently situated on the same street as Success Primary School which accommodates 704 students.
- Brand new, architect designed, premium quality childcare centre licensed for 87 LDC places
- Significant depreciation benefits
- Compelling demographic with limited competition. The suburb Success is situated with the City of Cockburn (LGA), the population of Cockburn is forecast to increase from approximately 112,000 to 165,989 in 2041, an increase of 57,687 people.
- 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.
- Childcare was one of the biggest single spending measures in Labor's 2022 election campaign which included a $5.4 billion commitment to increase subsidies for 96% of families. The 2021-22 Federal Budget allocated approximately $11.4 billion in combined funding to the sector.

To request a copy of the Information Memorandum or discuss the opportunity further, please contact the Joint Exclusive Selling Agents LJ Hooker Commercial Perth or MMJ Real Estate (WA).

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If you'd like to inspect this property in person, please to arrange a private inspection.

Property ID: 504078939Last Updated: 23 Jun 2022

LJ Hooker Commercial - Perth

Suite 6, 388 Hay Street
SUBIACO, WA 6008
LJ Hooker Commercial - Perth
216 Wentworth Parade
Success, WA 6164
LJ Hooker Commercial - Perth
Suite 6, 388 Hay Street
SUBIACO, WA 6008
MMJ - PERTH
Level 2, 5 Mill Street
PERTH, WA 6000
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