Corner site location - 3609m2 land area (Surplus 1900m2)
Booming growth corridor location with Byford population set to increase from 23,764, to grow to 48,382 by 2046
https://economy.id.com.au/serpentine-jarrahdale
Securely Leased to multi site operator on 15yr +10yr +10yr lease from June 24
Licensed for 75 Children
Rent $262,500 pa net rent +GST and Variable Outgoings 6.25% yield.
3% rent reviews pa +market reviews every 5 years.
Depreciation Allowances
Land Area 3609m2 with Open space of 1900m2
** Potential surplus land City of Serpentine Jarrrahdale buyback or future redevelopment capacity
(Subject to Council Approval)**
Amazing external and internal fit out- In demand operator and location !