20+10+10 year lease to 2056
Managed by Think Childcare Ltd: ASX listed early education provider with 50 owned and managed centres
Annual rent increases to CPI + 1%
New 655 sqm purpose-built child care facility licensed for 96 LDC places
Tenant paying all usual outgoings including land tax
High profile 2,071 sqm corner with triple street frontage of 122 metres
Strategic position opposite brand new $57m High School, and 200m from McDonald’s and Woolworths anchored Yanchep Central Shopping Centre
Yanchep: approximately 50km north from the Perth CBD and Australia’s third fastest growth suburb with a 29% increase in population from 2015-16 (source: ABS)
Net Income: $287,000 pa
Auction 11am AEDT Wednesday 13 December 2017
River Room, Crown Casino, Melbourne