10 Russell Road Madeley WA 6065

Altegra Property Group as exclusive selling agents are pleased to present 'Precious Moments Early Learning', a brand new, boutique purpose-built childcare centre underpinned by a 15 year net lease in the established Perth suburb of Madeley.

FOR SALE by OFFERS PRESENTED, closing 23rd June 2025 (unless sold prior)

Precious Moments Early Learning is a single-storey purpose built childcare centre licensed for 92 places and set on 2,117m2* site, offering significant depreciation benefits. This brand-new facility sits adjacent to a local neighbourhood convenience centre, located just a short distance from Madeley Primary School and has easy access to and from Wanneroo Road.

Investment Highlights include:

- Secure 15-year Lease to 2040 + option to 2050, with annual 3.5% rent increases
- Boutique and nature based childcare offering, licensed for 92 places
- Expansive 2,117sqm* adjacent to bustling local commercial centre
- Purpose Built single-storey centre, recently completed offering significant depreciation benefits
- Located a short distance from Madeley Primary School
- 8 Primary Schools within a 2.5kms radius
- Net Income $326,600 pa* plus GST
- Full net lease, tenant pays all outgoings

Location Profile:

Madeley is a modern, family-friendly suburb located approximately 21 km north of Perth's CBD, within the City of Wanneroo. Once a rural area known for market gardening, Madeley has transformed since the early 2000s into a well-established, thriving residential community.

Madeley is popular among families and professionals seeking a suburban lifestyle with urban conveniences. The suburb features spacious, modern homes, many with four or more bedrooms, set on tree-lined streets. Residents enjoy proximity to Kingsway City Shopping Centre, Kingsway Regional Sporting Complex, and easy access to the Swan Valley, Hillarys Boat Harbour, and Perth CBD

Madeley's residential real estate market is strong, with a median house price of $910,000 as of May 2025. Rental properties command a median weekly rent of $760, reflecting a 13.4% annual growth. The suburb has experienced significant capital growth, with a 34% annual median house growth rate over the past 12 months.**

Method of Sale:

FOR SALE by OFFERS PRESENTED, closing 23rd June 2025 (unless sold prior)

Detailed property information is available upon request. Contact the exclusive selling Agent, Anthony Morabito, for more information.

* all sizes quoted are approx.
** sourced from REIWA