23 Railway Parade,
Mount Lawley, WA 6050
Other • Medical & Consulting
Price information
Sale
$4,000,000 (Going Concern)
Key property information
Land area
Floor area
Private inspections
to arrange a private inspection.
Map of 23 Railway Parade
Train stations within 5 km of 23 Railway Parade, Mount Lawley, WA 6050 Distance Mount Lawley Station 417 m East Perth Station 721 m East Perth Stn East Perth 1 725 m Claisebrook Station 1.4 km Maylands Station 1.7 km POWERED BY HERE ©Bus stops within 5 km of 23 Railway Parade, Mount Lawley, WA 6050 Distance Guildford Rd Before Park Rd 48 m Guildford Rd After West Pde 61 m Guildford Rd After Whatley CR 217 m Guildford Rd After Stanley St 271 m Lord St After Walcott St 284 m POWERED BY HERE ©
POWERED BY HERE ©
Prime CBD Fringe Child Care For Sale
MMJ Real Estate (WA) as exclusive agents are pleased to offer to the market for sale by private treaty, 23 Railway Parade, Mt Lawley.
Key Highlights for this investment:
* Licensed for 71 places
* Trades as KinderPark ELC
* Tenant is Lex Education Group (private WA company with 14+ centres trading under multiple brands)
* Land Area: 989 square metres
* Zoned 'Business'
* Current passing rent is $247,612 per annum plus GST plus outgoings
* Brand new 10 year + 5 year + 5 year lease commenced 1st March 2024
* Rent reviews annually to fixed 3.0%, market rent reviews each 5 years and a ratchet clause applies
* All normal outgoings including land tax and management fees are recoverable from the tenant
* Premium corner position at the intersection of Railway Parade & Park Street
* Offered for sale significantly below replacement cost
* Strong underlying land value
* Excellent location with high barriers to end
* An opportunity not to be missed.
For Sale by Private Treaty
$4,000,000 (Going Concern)
To arrange an inspection or for further details please contact Chris Geers.
Key Highlights for this investment:
* Licensed for 71 places
* Trades as KinderPark ELC
* Tenant is Lex Education Group (private WA company with 14+ centres trading under multiple brands)
* Land Area: 989 square metres
* Zoned 'Business'
* Current passing rent is $247,612 per annum plus GST plus outgoings
* Brand new 10 year + 5 year + 5 year lease commenced 1st March 2024
* Rent reviews annually to fixed 3.0%, market rent reviews each 5 years and a ratchet clause applies
* All normal outgoings including land tax and management fees are recoverable from the tenant
* Premium corner position at the intersection of Railway Parade & Park Street
* Offered for sale significantly below replacement cost
* Strong underlying land value
* Excellent location with high barriers to end
* An opportunity not to be missed.
For Sale by Private Treaty
$4,000,000 (Going Concern)
To arrange an inspection or for further details please contact Chris Geers.
Property ID: 504629868Last Updated: 10 Jul 2024
MMJ - PERTH
Level 2, 5 Mill StreetPERTH, WA 6000
04104930...
23 Railway Parade
Mount Lawley, WA 6050
MMJ - PERTHLevel 2, 5 Mill Street
PERTH, WA 6000
PERTH, WA 6000
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