Entry Level Childcare Investment
18 Fraser Street, Gingin WA
Property Highlights
Description
Burgess Rawson is pleased to offer to the market, 18 Fraser Street, Gingin WA for sale.
This investment has the following key investment highlights:
+ Renewed 5 year net lease to Gingin Early Learning to 2026
+ One further 5 year option to 2031.
+ Gingin Early Learning: long established business of 17+ years offering care for children aged 6 weeks to 5 years, plus an additional OSHC service.
+ Annual CPI rent reviews.
+ Tenant pays all usual outgoings including land tax and management fees.
+ Well-maintained childcare centre licensed for 53 LDC places.
+ Strategic 1,184sqm site positioned metres from Gingin District School, educating over 260 full-time students aged from Prep to Year 12.
+ Shire of Gingin: one of the fastest growing rural municipalities in Western Australia, forecast to grow to 7,900 residents by 2031, an increase of over 37%(1).
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year*.
+ Net Income: $55,000 pa + GST.
For Sale by Private Treaty
Please contact the exclusively appointed Burgess Rawson team for more information.
1 Shire of Gingin
*Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).
Property Details