Lot 101, 257 Walcott , North Perth WA 6006

Near new Early Learning Centre available – NOW!

Outstanding two-level North Perth early education facility licensed for 76 children, available to be purchased as vacant possession or lease premises fitted out and ready for operation ( subject to ECRU approval)

Located at 257 Walcott Street, North Perth, this property is strategically located only 4km from Perth CBD and surrounded by affluent urban renewal family catchments.
The property is located between three primary schools for easy after-care transition, a short stroll to cafes, restaurants, commercial premises, fashion, beauty and pharmacy.

The strength of the Early Education sector has attracted institutional and private investors from around Australia, focused on this premium asset class for long-term commercial returns with annual rental growth.

Key Highlights: Owner Operators

** Immediate Occupation, no construction wait periods
** New building completed in 2024.
** Fully fitted out for Long Day Care, early education, with 76 places approved.
** Includes all internal fixtures and fittings and the external playground area completed.
** Land area 1012m2 Green Title Land
** 750m2 three activity area, reception, lift, fully operational kitchen etc.
** Off-street basement for 18 cars (gated and secured)
** Prime central location, amongst an urban professional and young family catchment area
Or
** Lease : 15 Year + options available
** Rent free: 6 months
** Rent: Seeking $4500 per child net per annum ($342,000) + GST and outgoings
** Rent Reviews: 3% annual
** Bank Guarantee: 6 months
** New Childcare comes with extensive external and internal fit-out
** Licensed for 76 places ( Transfer of Service Approval possible)

This opportunity is VERY RARE indeed!

This property offers investors and owner operators long-term stability in a growing childcare market growth making it an ideal opportunity to expand the existing footprint area.
Register your interest to Purchase or Lease TODAY!

For a detailed inspection and registration of interest, contact Joint Listing Agents:

Harrper Projects:
Paul Perin 0411 514 346

Sterling Property:
Jake Wallman 0403 975 298 or
Simon Brady 0407 486 401