Childcare Property Investment – ASHBY WA

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24 Korovin Drive, ASHBY WA 6065

Property Price: $3,099,000

-75 place Childcare Centre property
-Rent per annum $203,317
-Long Lease 2033
-Built 2008
-Brick construction
-32 min (30.4 km) to Perth CBD
-Great location- Family friendly suburb
-Strong secure ROI 6.6%
-In High Demand as Property Investment
-National Group operator as tenant

The property is located in Ashby. A very popular suburb with young families with many new house builds under construction in the area, catering for young families only 32 minutes from the CBD.

This property offers a lease to 2034 with a current rent of $203,317 per annum. A high ROI of 6.6% makes this investment opportunity extremely good value.

Currently licensed for 75 places. The tenant is a large National childcare operator. One of the largest childcare group operators in Australia.

Freehold childcare properties are always in high demand as commercial investment opportunities due to the security they offer landlords that comes from the businesses having guaranteed income from government funding. Childcare property rents are calculated on the license number of the business, not the local commercial rent per sqm. This can often result in childcare property rents being up to 30% higher than equivalent size commercial premises in the same suburb/area.

Rarely do Childcare freehold properties come to market. This property is located in a great suburb for young families ensuring the business has strong occupancy.

For more information you can contact Angela at angela@advancebusinessbrokers.com

Click Here to view the report that was released by Bankwest in regard to the Childcare sector’s economic performance both now and in future projections. 

Are you new to Childcare? Click here to view a detailed document on the process to purchase a Childcare centre.