636 Newcastle Street, Leederville WA 6007

The Foundry is located at a prime Newcastle Street location, enjoy all the benefits of central living without the CBD's hustle and bustle. With immediate access to the North & South Freeways, just a short walk to the train station, and surrounded by a vibrant mix of cafés, restaurants, and retail options, The Foundry is an ideal spot for your business to flourish.

Situated less than 3 km from the Perth CBD, The Foundry provides easy city connectivity and a relaxed urban village feel. Commute by cycling along extensive bike paths or take one of the area's numerous bus routes. Explore a precinct known for its delicious and diverse culinary offerings during lunch breaks.

Key Investment Highlights:

• 15-year lease until May 2038, with options extending to 2048
• Leased to YCC (WA) Pty Ltd as trustee for YCC (WA) Unit Trust, trading as Tall Tree Childcare Early Learning
• Net Income: $342,792 p.a.*
• Net lease terms with tenant covering all outgoings
• Annual fixed 3.5% rent increases ensuring steady income growth, with ratchet provisions at the start of each option term
• Licensed for 92 LDC Places

This fantastic opportunity allows investor to acquire a high-quality asset in a dynamic inner-city location.

Please do not hesitate to contact Lily Chong for more information.

Whatsapp: +61 41 554 7878
Email: [email protected]
Wechat: IQI_WA

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