17a Anderson Road,
Forrestfield, WA 6058
Other • Medical & Consulting
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Map of 17a Anderson Road
Blue Chip Leased Child Care Investment - Sold by MMJ
MMJ Real Estate (WA) as exclusive agents are pleased to offer to the market 17a Anderson Road, Forrestfield WA for sale by Private Treaty.
This investment has the following key highlights:
• Offered for sale at an attractive 7%++ fully net return
• Net Lease to Kids Academy Early Learning Centre and Outside School Hours Care
• Kids Academy are a high quality WA based operator who currently have 10 child care and outside school hour care businesses
• 100% leased 'freehold' investment with all outgoings including land tax and management fees recovered from the Lessee
• Existing lease runs to December 2033 with 3 x additional 5 year options to December 2048
• Attractive built in rental growth via annual fixed 3% reviews and Market Reviews at options and a ratchet clause applies
• Rent of $360,000 per annum excluding GST and outgoings
• Single level purpose built centre which has been upgraded several times since original construction. Trades from 2 separate buildings on the same title, one for the LDC and other for the OSHC
• Licensed for 83 places (long day care)
• Licensed for 100 places (outside school hours care)
• Site area of 3,769 square metres
• Zoned 'Residential (R20)' and 'Commercial' under the City of Kalamunda
For Sale by Private Treaty
Offers over $4,950,000 (Going Concern)
To arrange an inspection or for further details please contact Chris Geers.
This investment has the following key highlights:
• Offered for sale at an attractive 7%++ fully net return
• Net Lease to Kids Academy Early Learning Centre and Outside School Hours Care
• Kids Academy are a high quality WA based operator who currently have 10 child care and outside school hour care businesses
• 100% leased 'freehold' investment with all outgoings including land tax and management fees recovered from the Lessee
• Existing lease runs to December 2033 with 3 x additional 5 year options to December 2048
• Attractive built in rental growth via annual fixed 3% reviews and Market Reviews at options and a ratchet clause applies
• Rent of $360,000 per annum excluding GST and outgoings
• Single level purpose built centre which has been upgraded several times since original construction. Trades from 2 separate buildings on the same title, one for the LDC and other for the OSHC
• Licensed for 83 places (long day care)
• Licensed for 100 places (outside school hours care)
• Site area of 3,769 square metres
• Zoned 'Residential (R20)' and 'Commercial' under the City of Kalamunda
For Sale by Private Treaty
Offers over $4,950,000 (Going Concern)
To arrange an inspection or for further details please contact Chris Geers.
Forrestfield, 6058 demographic data
The median household income for Forrestfield is $1,614, 13% lower than Greater Perth's household income of $1,865. Forrestfield has an older age profile compared to the rest of Greater Perth (median age 38 vs 37). Property ownership data shows 60% of property owners in Forrestfield have a mortgage.
13,181
Population
$1,614 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
MMJ - PERTH
Level 2, 5 Mill StreetPERTH, WA 6000
04104930...
17a Anderson Road
Forrestfield, WA 6058
MMJ - PERTHLevel 2, 5 Mill Street
PERTH, WA 6000
PERTH, WA 6000
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