Ward Street, Kalgoorlie WA 6430

$5,700,000
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Added 2 days ago
Ward Street, Kalgoorlie WA 6430

Childcare Property for sale – $5.7m – Property Only

-Freehold Property only Childcare Investment
-Long Lease to 2055
-1,555m² land area
-Net Base Rent per annum $380,000 + GST + O/Goings
-Childcare Centre business Licensed for 82
-New long lease 20 years
-Regional location – thriving town
-Experienced childcare owner operator tenant

Freehold childcare properties rarely come to market. As commercial investments they are always in high demand due to the rent returns and security of tenure they offer landlords due to:

Higher than other commercial rents

Long leases

Childcare businesses receive Government funding therefore offer greater security of income

Experienced childcare operator as tenant been operating the business for more more than 7 years

A brand new, purpose built childcare property in a regional location approximately 600km from Perth CBD.

With a 20 year lease to a childcare operator, this asset provides significant depreciation benefits and favourable 3% annual rent increases, representing a premium passive investment opportunity.

Convenient to shops, cafes, medical services and everyday amenities.

A new lease with an experienced childcare operator as the business owner in a long established childcare business.

Act quickly to secure this opportunity.

Property features

  • Land area 1,555m2
  • Tenure type Tenanted investment
  • Whole or part building Whole

Property snapshot by reiwa.com

This commercial property at Ward Street, Kalgoorlie is listed for sale by Angela Williams and Angela Williams at Advance Business Brokers (AU).

It has been described by the agent as ‘Childcare Property for sale – $5.7m – Property Only’.

If you would like to get in touch with Angela Williams or Angela Williams regarding Ward Street, Kalgoorlie, please call Angela on 0416 109 017 or call Angela on 0416 109 017, or contact the agent via email.

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