24 Unwin Avenue, Wembley Downs WA 6019

EXCLUSIVE LEASED INVESTMENT
FREEHOLD LAND WITH NEW BUILDING
$400,000 NETT INCOME + GST
PUBLIC LISTED NIDO CHILDCARE TENANT

New to market, an outstanding and rarely offered investment opportunity in a preferred asset class that combines excellent income, favourable landlord lease terms, and strong performing blue chip Western suburbs land value.

Astute investors will appreciate the key investment points on offer, with a new 2 level premium building that affords excellent depreciation benefits, a strong tenancy, and substantial freehold land component.

INVESTMENT HIGHLIGHTS
- 20 year lease to NIDO early school childcare
- 2 x 10 year options to renew until 2063
- National market leader early education operator
- Landlord favourable lease terms
- Strong Government funded essential service industry
- Nett income of $400,000 per annum + GST (starting rent)
- Rental increases of CPI + 1% annually
- New 82 LDC place state of the art 2 level childcare centre
- Significant depreciation benefits
- All statutory variable outgoings paid by the tenant
- Superb 1520m2 corner property in highly sought after suburb
- Desirable and prestigious Western suburb location
- High exposure position with approx. 18,000 daily vehicular traffic
- Strong underlying land value component
- Strategic location within established schooling catchment
- Well located in proximity to neighbourhood retail centres
- Desirable position adjacent to City Beach, only 10km to Perth CBD

Offers are invited… for a price guide, further details, and information memorandum, contact the selling agents....