18 Fraser Street Gingin WA 6503

Burgess Rawson is pleased to offer to the market, 18 Fraser Street, Gingin WA for sale.

This investment has the following key investment highlights:

+ Renewed 5 year net lease to Gingin Early Learning to 2026
+ One further 5 year option to 2031.
+ Gingin Early Learning: long established business of 17+ years offering care for children aged 6 weeks to 5 years, plus an additional OSHC service.
+ Annual CPI rent reviews.
+ Tenant pays all usual outgoings including land tax and management fees.
+ Well-maintained childcare centre licensed for 53 LDC places.
+ Strategic 1,184sqm site positioned metres from Gingin District School, educating over 260 full-time students aged from Prep to Year 12.
+ Shire of Gingin: one of the fastest growing rural municipalities in Western Australia, forecast to grow to 7,900 residents by 2031, an increase of over 37%(1).
+ Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year*.
+ Net Income: $55,000 pa + GST.

For Sale by Private Treaty

Please contact the exclusively appointed Burgess Rawson team for more information.

1 Shire of Gingin
*Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).