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46 David Street
Kensington WA 6151
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Stonebridge Property Group

46 David Street Kensington WA 6151

  • Medical / Consulting
  • 1 m²
  • For Sale, Contact the Stonebridge Team

Stong Trading Metro Perth Childcare Investment - 15 Year Net Lease to 2035

  • Favourable Fixed 3.25% Increases
  • Affluent Suburb Only 3.5 km* to CBD
  • International Operator – 850+ Centres

Stonebridge is pleased to present 46 David Street, Kensington (Perth) for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

- Secure 15 year net lease to 2035 + options to 2045 with favourable fixed 3.25% annual rent increases

- Busy Bees Premier international childcare operator with a global network of 850+ early learning facilities

- Masterfully designed facility approved for 96 places with high end improvements & significant replacement costs

- Convenient 1,658 sqm* corner site with 96 m* of dual street frontage and multiple on street car parks

- State-of-the-art childcare newly completed in 2020, offering significant depreciation benefits

- Strategically positioned nearby Kensington Primary School & Collier Primary School (728+ combined students) & within 3 km* of 18 surrounding schools

- Easily accessible location only 310m* from Canning Highway (15,347+ vehicles daily), providing direct access to the Perth CBD

- Ideal position nearby a plethora of surrounding amenity including Coles, Woolworths, IGA, Bunnings & Curtin University

- Kensington Affluent inner city suburb only 3.5 km* from CBD with a $1.2m* medium house price & wider population to grow 40% by 2041

- Perth Australia's 4th most populous city with a booming $414 billion* economy and expanding population set to reach 3.5 million* by 2050

- Net Lease Tenant pays all outgoings including Land Tax, Management Fees plus significant Repair and Maintenance obligations

- Net Income $381,856 pa* + GST

46 David Street Kensington (Perth) is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 896

Property Highlights

Floor Area1 m²
Land Area1,658 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019101024
Category
Last updated  16 Apr 2024
Map for 46 David Street Kensington WA 6151

Property Highlights

Floor Area1 m²
Land Area1,658 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019101024
Category
Last updated  16 Apr 2024
Level 7, Martin Place Sydney NSW 2000

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