Inner City Childcare Investment Opportunity
386 Lord Street, Highgate WA
– 10 year net lease to 2028 to Leaps and Bounds plus options to 2048
– Leaps and Bounds Preschool: high quality early education provider with a further centre in Manly, NSW.
– Impressive boutique facility with service approval for 45 LDC places
– Tenant pays all usual outgoings
– Generous 1,112sqm land parcel with rear lane access and parking
– Strategic position just 300 metres from East Perth Train Station and only 2.3 kilometres from the Perth CBD
– Ideally located with ease of access to Graham Farmer Freeway
– Significant capital investment into building renovation allowing for substantial income tax depreciation savings
– Net Income $170,000 pa + GST and outgoings
Offers above $2.5 million
For further details including an Information Memorandum and Lease Documentation please contact the Selling Agents.