6/15 Covenant Lane,
Byford, WA 6122
Other • Medical & Consulting
Price information
Sale
$3,815,000 (Going Concern)
Under Contract
Key property information
Floor area
Private inspections
to arrange a private inspection.
Map of 6/15 Covenant Lane
Train stations within 5 km of 6/15 Covenant Lane, Byford, WA 6122 Distance Byford Station 1.8 km POWERED BY HERE ©Bus stops within 5 km of 6/15 Covenant Lane, Byford, WA 6122 Distance Doley Rd After Gallant Turn 125 m Doley Rd After Anzac CR 181 m Mead St After Woolandra Dr 237 m Mead St Before Woolandra Dr 250 m Mead St Before Cranbourne Wy 491 m POWERED BY HERE ©
POWERED BY HERE ©
Child Care Investment Asset Leased to Blue Chip Tenant | 10 x 10 x 10 year Net Lease to 2058 - Under Offer
- Long Term Lease to Busy Bees
- Attractive built in Rental Growth
- High Quality Construction
MMJ Real Estate (WA) as exclusive agents are pleased to offer to the market 6, 15 Covenant Lane, Byford for sale by Private Treaty.
This investment has the following key highlights:
• Long term Net Lease to Busy Bees (trading as NIDO Early School) plus 3 x 10 year options until 2058
• Busy Bees – international childcare operator with a global network of 850+ early learning facilities, including 222 in Australia and New Zealand
• 100% leased investment with attractive 6 month Bank Guarantee
• Attractive built in rental growth via annual CPI reviews with market reviews at option periods
• 2018 constructed high quality, purpose built, two level child care centre with high end specifications
• Situated within an area of retail / commercial development within 'The Glades' Estate
• Ideally positioned between West Byford Primary School, Woodland Grove Primary School and Beenyup Primary School
• Licensed for 82 places
• Rent of $238,267.15 per annum excluding GST and outgoings
• Rent equates to $2,906 per licensed place and on that basis the passing rent is considered well below market rents for a two level child care centre in Metropolitan WA
For Sale by Private Treaty
$3,815,000 (Going Concern)
For further details please contact Chris Geers.
This investment has the following key highlights:
• Long term Net Lease to Busy Bees (trading as NIDO Early School) plus 3 x 10 year options until 2058
• Busy Bees – international childcare operator with a global network of 850+ early learning facilities, including 222 in Australia and New Zealand
• 100% leased investment with attractive 6 month Bank Guarantee
• Attractive built in rental growth via annual CPI reviews with market reviews at option periods
• 2018 constructed high quality, purpose built, two level child care centre with high end specifications
• Situated within an area of retail / commercial development within 'The Glades' Estate
• Ideally positioned between West Byford Primary School, Woodland Grove Primary School and Beenyup Primary School
• Licensed for 82 places
• Rent of $238,267.15 per annum excluding GST and outgoings
• Rent equates to $2,906 per licensed place and on that basis the passing rent is considered well below market rents for a two level child care centre in Metropolitan WA
For Sale by Private Treaty
$3,815,000 (Going Concern)
For further details please contact Chris Geers.
Property ID: 504560280Last Updated: 1 Oct 2024
04104930...
6/15 Covenant Lane
Byford, WA 6122
MMJ - PERTHLevel 2, 5 Mill Street
PERTH, WA 6000
PERTH, WA 6000
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