Sterling Property as exclusive agent is pleased to present an exceptional childcare investment opportunity at 432 Canning Highway, Attadale, for Sale by Offers Invited closing Monday 5th May at 3pm AWST (unless sold prior).
This purpose-built, double-storey childcare centre offers a secure, long-term income stream with a lease to ASX-listed G8 Education Limited Trading as Jellybeans Child Care Attadale
Property Highlights:
• Tenant: G8 Education Limited T/A Jellybeans Childcare Attadale
• Secure 7 -Year Lease to 2031 with 6 x 5-Year Options to 2061
• Purpose-Built 75-Place two-storey Childcare Centre
• Favourable R-ACO zoning, allowing flexible future development options
• Prominent Corner Location with high visibility from Canning Highway
• High exposure corner site with over 27,000 vehicles passing daily
• Attadale Median House Price $1,840,000
• Established centre in operation since 2014
• Land Area: 1,501 sqm with 28 Car Bays
• 500m to Melville Shopping Centre
• 7 Primary Schools within a 2km radius
• Fixed Annual Reviews: 4%
• Net Income: $359,536 p.a. plus GST
ASX Listed Tenant : G8 Education Limited (ASX: GEM), one of Australia’s largest early education providers, managing over 400 childcare centres nationwide. With a strong market presence and transparent financial reporting, G8 Education is a reliable long-term tenant.
Childcare is a highly sought-after asset class favoured for its defensive characteristics: long term leases, fixed rental increases, strong tenant covenants and underpinned by significant Government funding offering investors secure, long-term returns.
To request a copy of the Information Memorandum or to arrange an inspection, please contact the exclusive selling agents Jake Wallman and Simon Brady at Sterling Property.
