Inner City Childcare Investment Opportunity

386 Lord Street, Highgate WA

Description

– 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

Asking Price
Offers above $2.5 million

For further details including an Information Memorandum and Lease Documentation please contact the Selling Agents.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
1,112 SQM
Gross Building Area
1,112 SQM

Contact Agents

Rob Selid

0412 198 294

Luke Randazzo

0417 181 309

Request Information

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