1 Churchyard Avenue, Wellard, WA

For Sale | Under Contract
Other

Child Care Investment Opportunity to Wellard

• Near new, circa 2021 constructed single level childcare centre
• Tenant is Lex Education Group (private WA company with 14+ centres trading under multiple brands – Kinderpark is their main brand)
• 64 licensed places
• Brand new 15 year lease plus options
• Fixed 3% reviews, market at option
• Rent $233,600 per annum plus GST plus outgoings
• Rent equates to $3,650/ place + GST + outgoings
• Excellent location on Bertram Road (which becomes Mortimer Road) and adjoins the Kwinana Freeway to the east and residential catchment to the west
• Situated adjacent to The Kings College which is a K-12 school
• Centre is currently 'full' with a waitlist

Key Features
Property Type
Other
Building Size
468 sqm
Property ID:
9P0918
Contact Agents

Email Agent Call Agent
Office: MMJ Real Estate, Perth
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