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Burgess Rawson - Melbourne

96 Callison Way Koondoola, WA 6064

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96 Callison Way,
Koondoola, WA 6064

Medical & Consulting • Offices • Other

Price information

Sale - Auction Wed 11 Dec

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$389,025
Number of Tenants
1 Tenant
Tenants / Type
Buttercups Childcare

Auction

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Burgess Rawson - Melbourne
Natalie Couper

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
96 Callison Way
Koondoola, WA 6064

Map of 96 Callison Way

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  • Bus stops within 5 km of 96 Callison Way, Koondoola, WA 6064Distance
    Marangaroo Dr Before Callison Wy84 m
    Marangaroo Dr After Callison Wy130 m
    Mirrabooka Av After Marangaroo Dr227 m
    Mirrabooka Av Before Marangaroo Dr302 m
    Burbridge Av After Tempany Wy314 m
    POWERED BY HERE ©
POWERED BY HERE ©

Impressive Childcare Investment | New 15 Year Net Lease + Options

  • 3 x 10 year opts to 2069
  • Tenant pays all outs incl. land tax
  • Premium schooling catchment
Burgess Rawson and Sterling Property are pleased to offer to the market Buttercups Childcare Koondoola located at 96 Callison Way (Cnr Marangaroo Dr), Koondoola (Perth) WA for sale via our Investment Auction Portfolio 173.

The property has the following investment highlights:

+ New fifteen (15) year net lease to July 2039
+ Three (3) further ten (10) year options to July 2069
+ Buttercups Childcare: experienced early education provider with a network of 13 centres across Western Australia
+ Fixed annual 3% rent increases with ratchet provisions at market reviews, ensuring rental growth
+ Tenant pays 100% of outgoings including land tax and management fees
+ Impressive single-level childcare centre with approval for 91 LDC places + 22 designated on-site car spaces
+ Newly constructed in 2024, offering significant depreciation benefits
+ High-profile 2,203sqm* corner landholding positioned within an important schooling catchment - 650m* of three (3) schools and a 3km* radius of a further 22 schools, which combine to service 8,214 students*
+ Centrally located within a strong retail precinct with four (4) major shopping centres located within a 3km* radius including Alexandar Heights Shopping Centre (725m*), Newpark Shopping Centre, Malaga Markets & The Market Place Shopping Centre
+ Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.
+ The 2024-25 Federal Budget has paved the way for positive change and reform in the childcare sector. In addition to this increase in award wages for childcare educators, $650 million will be allocated to workforce qualification and training in the childcare sector over the next four years to further enhance the quality of education and support the future of Australian children.
+ City of Wanneroo: Western Australia’s fastest growing LGA with a population forecast to increase 85.18% to 437,016 residents by 2046
+ Net Income: $389,025 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 11 December 2024
Crown Casino, Melbourne

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

*Approx.

Property ID: 504738716Last Updated: 6 Dec 2024

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