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17a Anderson Road, Forrestfield, WA, 6058

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17a Anderson Road, Forrestfield, WA, 6058

Forrestfield

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17a Anderson Road, Forrestfield, WA, 6058

Forrestfield

17a Anderson Road, Forrestfield, WA, 6058

17a Anderson Road, Forrestfield, WA, 6058

Properties / Buy / Western Australia / Forrestfield
Tenanted Investment

1. Property Summary

Selling Method
For Sale
Selling Details
Offers over $4,950,000 (Going Concern)
Land Area
3,769 m² (*approx)
Floor Area
872 m² (*approx)
Property Type
Health/Medical
Sub-type
Child Care
Terms
Existing lease runs to December 2033 with 3 x additional 5 year options to December 2048
Est. Income
$360,000 p/a
Fully Leased
Kids Academy Early Learning Centre, Outside School Hours Care
Show All

2. Property Highlights

Blue Chip Leased Child Care Investment

MMJ Real Estate (WA) as exclusive agents are pleased to offer to the market 17a Anderson Road, Forrestfield WA for sale by Private Treaty.

This investment has the following key highlights:

• Offered for sale at an attractive 6.73% fully net return 

• Net Lease to Kids Academy Early Learning Centre and Outside School Hours Care

• Kids Academy are a high quality WA based operator who currently have 10 child care and outside school hour care businesses

• 100% leased 'freehold' investment with all outgoings including land tax and management fees recovered from the Lessee 

• Existing lease runs to December 2033 with 3 x additional 5 year options to December 2048

• Attractive built in rental growth via annual fixed 3% reviews and Market Reviews at options and a ratchet clause applies

• Rent of $360,000 per annum excluding GST and outgoings

• Single level purpose built centre which has been upgraded several times since original construction. Trades from 2 separate buildings on the same title, one for the LDC and other for the OSHC

• Licensed for 83 places (long day care)

• Licensed for 100 places (outside school hours care)

• Site area of 3,769 square metres

• Zoned 'Residential (R20)' and 'Commercial' under the City of Kalamunda 


For Sale by Private Treaty

Offers over $4,950,000 (Going Concern)


To arrange an inspection or for further details please contact Chris Geers.

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Health/Medical
Sub-type
Child Care
Est. Income
$360,000 p/a
Tenant
Kids Academy Early Learning Centre, Outside School Hours Care
Terms
Existing lease runs to December 2033 with 3 x additional 5 year options to December 2048
Land Area
3,769 m² (*approx)
Floor Area
872 m² (*approx)
Selling Method
For Sale
Selling Details
Offers over $4,950,000 (Going Concern)

2. Property Highlights

Blue Chip Leased Child Care Investment

MMJ Real Estate (WA) as exclusive agents are pleased to offer to the market 17a Anderson Road, Forrestfield WA for sale by Private Treaty.

This investment has the following key highlights:

• Offered for sale at an attractive 6.73% fully net return 

• Net Lease to Kids Academy Early Learning Centre and Outside School Hours Care

• Kids Academy are a high quality WA based operator who currently have 10 child care and outside school hour care businesses

• 100% leased 'freehold' investment with all outgoings including land tax and management fees recovered from the Lessee 

• Existing lease runs to December 2033 with 3 x additional 5 year options to December 2048

• Attractive built in rental growth via annual fixed 3% reviews and Market Reviews at options and a ratchet clause applies

• Rent of $360,000 per annum excluding GST and outgoings

• Single level purpose built centre which has been upgraded several times since original construction. Trades from 2 separate buildings on the same title, one for the LDC and other for the OSHC

• Licensed for 83 places (long day care)

• Licensed for 100 places (outside school hours care)

• Site area of 3,769 square metres

• Zoned 'Residential (R20)' and 'Commercial' under the City of Kalamunda 


For Sale by Private Treaty

Offers over $4,950,000 (Going Concern)


To arrange an inspection or for further details please contact Chris Geers.

Read More
Tenanted Investment

3. Property Location

17a Anderson Road, Forrestfield, WA, 6058

Property Map
17a Anderson Road, Forrestfield, WA, 6058 Forrestfield
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