Altegra Property Group as exclusive selling agents are pleased to present 'Bush Kids Bunbury', a brand new, purpose-built childcare centre underpinned by a 15 year net lease and currently the first and only childcare centre located within the established South Bunbury area.
FOR SALE by Private Treaty - Price $5,000,000 (nil GST/Going Concern)
Bush Kids Bunbury is a single-storey purpose built childcare centre set on 2,023m2* corner site, offering significant depreciation benefits. The brand-new facility sits on a prominent and busy corner of Mangles Street and Mossop Street, located just a short distance from the Bunbury Town Centre, Commercial/Retail precincts and a short drive to a number of local Primary Schools.
Investment Highlights include:
- Secure 15-year Lease to 2040 + option to 2050, with annual 3% rent increases
- Bush Kids Childcare, a reputable South-West operator with centres in Eaton, South Bunbury and Busselton
- Expansive 2,023 sqm* corner site with 89sqm* of dual street frontage
- Purpose Built single-storey centre, recently completed offering significant depreciation benefits
- Located in South Bunbury just a short distance from Bunbury Town Centre
- 8 Primary Schools within a 3kms radius
- Net Income $310,000 pa* plus GST
- Full net lease, tenant pays all outgoings
Location:
Bunbury is the 3rd most populated city in Western Australia, with an estimated population of over 83,000** people. Located 180km south of Perth it is the heart of the Bunbury- Geographe region with a diverse economic scene including heavy and general industries, mining, agriculture, transport and services for the growing population. The Greater Bunbury region is a fast growing municipality with population expected to exceed over 100,000 by 2031 offering continued growth of social and economic opportunities for local residents neighbouring towns and shires
Method of Sale:
FOR SALE via Private Treaty - Price $5,000,000 (nil GST/Going Concern)
Detailed property information is available upon request
* all sizes quoted are approx.
** courtesy of City of Bunbury's annual budget report
