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Burgess Rawson  - Perth

31 Amelia Street Balcatta, WA 6021

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31 Amelia Street,
Balcatta, WA 6021

Medical & Consulting • Shop & Retail • Other

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Burgess Rawson  - Perth
Christopher Carcione

Burgess Rawson - Perth

Level 10, 225 St Georges Terrace
PERTH, WA 6000
Burgess Rawson  - Perth
31 Amelia Street
Balcatta, WA 6021

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Strong Trading Childcare Investment

  • 15 Year Net lease + options to 2065
  • Fixed 3% annual rent increases
  • Strong underlying occupancy of 90%+
+ New 15 year net lease to Nido Early Learning to 2035
+ Three further 10 year options to 2065
+ Nido Early School: Operated and managed by Think Childcare under their premium brand with a network of 78 centres nationally
+ Tenant pays all outgoings including land tax & management fees
+ Desirable fixed 3% annual rent increases
+ Impressive 546 sqm purpose-built educational child care facility, licensed for 72 LDC
+ Strong underlying occupancy of 85%+
+ Prime 1,673 sqm corner site, directly opposite West Balcatta Primary School and Balcatta Senior High School
+ Strategically positioned within easy access to major transport links including the Mitchell Freeway, Erindale Road, Karrinup Road, Wanneroo Road only 10 km 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 in the 2019/20 financial year
+ Net Income: $216,000 pa + GST and Outgoings

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021 (unless sold prior)
Crown Casino, Melbourne

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Property ID: 503802382Last Updated: 11 Jul 2021

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Burgess Rawson - Perth
Level 10, 225 St Georges Terrace
PERTH, WA 6000
Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000

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