17 Kingsway, Madeley WA 6065

ESTABLISHED CHILDCARE SERVICE LEASED TO AUSTRALIA'S EARLY LEARNING PROVIDER

Sterling Property is pleased to present the freehold interest in 17 Kingsway, Madeley WA, For Sale by Offers Invited closing 2pm Friday 30 September 2026.

This opportunity represents a secure childcare investment underpinned by a long-term lease to Goodstart Early Learning, Australia’s largest childcare provider, with a rare triple net lease structure.

KEY INVESTMENT HIGHLIGHTS
?? Secure lease to 2034 plus 2 x 5-year options through to 2044
?? Leased to Goodstart Early Learning, Australia’s largest childcare provider
?? Established 72-place childcare centre
?? An established childcare service with a strong reputation within the local community
?? Favourable rent increases of CPI or 3%, whichever is greater
?? Rare triple net lease – tenant pays all outgoings and capital repairs/maintenance
?? Substantial 1,755sqm site with strong underlying land value
?? Madeley median house price of approximately $1.2 million, with 20% growth over the past 12 months
?? Uncapped market rent review every 5 years, with the next review due 9 October 2028
?? Goodstart has recently invested approximately $300,000 + GST into capital improvements
?? Madeley median house price of approximately $1.2 million, with 20% growth over the past 12 months
?? Nine primary schools located within a 3km radius, supporting strong underlying childcare demand
?? Convenient access to Wanneroo Road, with more than 35,000 vehicles passing daily
?? Close proximity to Kingsway Shopping Centre, Kingsway Regional Sporting Complex and Wangara Industrial Precinct
?? Net Income: $225,109 pa + GST + outgoings

For further information or to arrange an inspection, please contact the exclusive selling agents at Sterling Property.