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29 Morwell Street
Yanchep WA 6035
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Sold on 18 Dec 2017

29 Morwell Street Yanchep WA 6035

  • Medical / Consulting
  • 2,071 m²
  • Sold

Brand New Childcare Investment

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

Property Highlights

Date Sold18 Dec 2017
Floor AreaAsk Agent
Land Area2,071 m²
ParkingAsk Agent
Property ID2014008622
Category
Last updated  15 Aug 2018
Map for 29 Morwell Street Yanchep WA 6035

Property Highlights

Date Sold18 Dec 2017
Floor AreaAsk Agent
Land Area2,071 m²
ParkingAsk Agent
Property ID2014008622
Category
Last updated  15 Aug 2018

Co-Agents

Adam Thomas
Adam Thomas
Burgess Rawson VIC Pty Ltd
Call
0418 998 971
Natalie Couper
Natalie Couper
Burgess Rawson VIC Pty Ltd
Call
0413 856 983

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