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89 Narran Street Hilbert WA 6112

  • Retail
  • 243 m²
  • For Sale, CONTACT AGENT

Public Auction - Long Lease Security

Knight Frank is delighted to offer for sale by Public Auction the freehold property at 89 Narran Street, Hilbert.

The Kids Active Early Learning Centre is a brand new facility offering investors a long term lease of 15 years with options.

KEY INVESTMENT HIGHLIGHTS

- 15 year lease term
- 5 year option of renewal
- New purpose built child care centre
- Strong young family growth corridor
- Situated opposite future primary school
- Full building depreciation benefit to buyer
- Established Lessee with other centres
- Net Income $217,500
- Licensed for 87 places

In addition, 5 Minion Court, Vasse and 908 Beaufort Street, Inglewood child care and early learning centres will be auctioned on the same day.

Portfolio auction on Wednesday 28 August 2019 at 11am to be held Level 8, Exchange Tower, 2 The Esplanade, Perth, WA, 6000.

Property Highlights

Property ID2015481086
Floor Area243 m²
Land Area1,913 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  29 Jul 2019
Map for 89 Narran Street Hilbert WA 6112
Knight Frank - Perth
Level 10 Exchange Tower 2 The Esplanade Perth WA 6000

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