Burgess Rawson is pleased to offer to the market Busy Bees Early Learning located at 66 Forrest St, Mt Lawley for sale via Offers Invited campaign.
This opportunity has the following key investment highlights:
+ Ten (10) year net lease to October 2031
+ Two (2) further five (5) year options to October 2041
+ Busy Bees: UK based global early education provider with 850+ centres worldwide, including 224 in Australia and New Zealand
+ Fixed 3% annual rental increases, ensuring rental growth
+ Tenant pays all usual outgoings (as per the Lease)
+ Established and high-performing 45 place LDC facility
+ An expansive 1,012sqm* landholding perfectly positioned in the vibrant heart of Mount Lawley one of Perth's most dynamic and sought-after
suburbs. Just moments from the energy of Beaufort Street, you'll find a lively mix of trendy cafés, boutique shops, stylish wine bars, and renowned pubs.
From unforgettable live music at the Astor Theatre to rounds at the Mount Lawley Golf Club and the nearby Edith Cowan University, this location offers a
lifestyle brimming with culture, convenience, and community.
+ Prominently positioned within a strong schooling catchment, with eleven (11) primary schools within a 3km* radius combining to service 5,160 students*
+ Perfectly positioned near major retail hubs, including North Perth Plaza anchored by Coles, and just moments from Woolworths, McDonald's, Chemist
Warehouse, Nando's, Dan Murphy's, and a variety of specialty stores.
+ Mt Lawley is 1 of 30 distinctive suburbs located within the City of Stirling. The City of Stirling is one of Western Australia's fastest and largest growing
local government areas, with Mt Lawley located 2km* from Perth's CBD. With rapid residential development and increasing demand for amenities, Mt
Lawley continues to be a sought-after area for families and investors alike
+ Childcare/Early Education is an essential service with both Federal and State Governments allocating $14.8 billion of funding for FY24, with an additional
$4.7 billion dedicated to the cheaper childcare reform which took effect in July 2023
+ Net Income: $172,104 pa* + GST
For Sale
Offers Invited Campaign, closing Friday 30th May 2025 @ 3pm (AWST)
For further information or to arrange an inspection please contact the Selling Agents, Christopher Carcione (0415 393 082) or Richard Giorgi
(0468 697 093)