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Bush Kids Childcare, 83 Mangles Street South Bunbury, WA 6230

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Bush Kids Childcare, 83 Mangles Street,
South Bunbury, WA 6230

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Map of Bush Kids Childcare, 83 Mangles Street

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High Quality Childcare Investment in Population Growth Area

Altegra Property Group as exclusive selling agents are pleased to present ‘Bush Kids Bunbury’, a brand new, purpose-built childcare centre underpinned by a 15 year net lease and currently the first and only childcare centre located within the established South Bunbury area.

FOR SALE by Private Treaty - Price $5,000,000 (nil GST/Going Concern)


Bush Kids Bunbury is a single-storey purpose built childcare centre set on 2,023m2* corner site, offering significant depreciation benefits. The brand-new facility sits on a prominent and busy corner of Mangles Street and Mossop Street, located just a short distance from the Bunbury Town Centre, Commercial/Retail precincts and a short drive to a number of local Primary Schools.


Investment Highlights include:

- Secure 15-year Lease to 2040 + option to 2050, with annual 3% rent increases
- Bush Kids Childcare, a reputable South-West operator with centres in Eaton, South Bunbury and Busselton
- Expansive 2,023 sqm* corner site with 89sqm* of dual street frontage
- Purpose Built single-storey centre, recently completed offering significant depreciation benefits
- Located in South Bunbury just a short distance from Bunbury Town Centre
- 8 Primary Schools within a 3kms radius
- Net Income $310,000 pa* plus GST
- Full net lease, tenant pays all outgoings

Location:

Bunbury is the 3rd most populated city in Western Australia, with an estimated population of over 83,000** people. Located 180km south of Perth it is the heart of the Bunbury- Geographe region with a diverse economic scene including heavy and general industries, mining, agriculture, transport and services for the growing population. The Greater Bunbury region is a fast growing municipality with population expected to exceed over 100,000 by 2031 offering continued growth of social and economic opportunities for local residents neighbouring towns and shires


Method of Sale:

FOR SALE via Private Treaty - Price $5,000,000 (nil GST/Going Concern)

Detailed property information is available upon request

* all sizes quoted are approx.
** courtesy of City of Bunbury's annual budget report

South Bunbury, 6230 demographic data

The median household income for South Bunbury is $1,438, 10% lower than Regional Western Australia's household income of $1,597. South Bunbury has an older age profile compared to the rest of Regional Western Australia (median age 44 vs 40). Property ownership data shows 46% of property owners in South Bunbury have a mortgage.

8,810
Population
$1,438 per week
Median household income
44 years
Median age
Owners
Most residents
Families
Most households
04301013...
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Bush Kids Childcare, 83 Mangles Street
South Bunbury, WA 6230
Altegra Property Group - Perth
Level 7, 12 St George's Terrace
PERTH, WA 6000

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