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Burgess Rawson  - Perth

Discovery at Play, 5 Minion Court Vasse, WA 6280

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Discovery at Play, 5 Minion Court,
Vasse, WA 6280

Medical & Consulting • Shops & Retail • Other

Price information

Sale - Auction Wed 11 Dec

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$249,012
Number of Tenants
1 Tenant
Tenants / Type
Childcare

Auction

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Burgess Rawson  - Perth
Chris Carcione

Burgess Rawson - Perth

Level 10, 225 St Georges Terrace
PERTH, WA 6000
Burgess Rawson  - Perth
Discovery at Play, 5 Minion Court
Vasse, WA 6280

Map of Discovery at Play, 5 Minion Court

Directions
  • Bus stops within 5 km of Discovery at Play, 5 Minion Court, Vasse, WA 6280Distance
    Kaloorup Rd Vasse Primary School540 m
    School Access Rd Cape Naturaliste College555 m
    Caves Rd After Locke St1.4 km
    Caves Rd Before Cuthbert St1.8 km
    Caves Rd Before Locke St1.8 km
    POWERED BY HERE ©
POWERED BY HERE ©

Immaculate Childcare Investment | Strategic 'Town Centre' Freehold Landholding Metres From Coles Supermarket

  • Extended 15 year lease to 2034
  • Fixed 3% annual rent increases
  • Tenant pays 100% of outgoings
Burgess Rawson is pleased to offer to market ‘Discovery at Play ELC’ located at 5 Minion Court, Vasse WA for sale via Auction Investment Portfolio 173.

The property has the following key investment highlights:

+ Extended Fifteen (15) year net lease to Discovery at Play ELC to 2034.
+ One (1) further Ten (10) year option to 2044.
+ Discovery At Play: bespoke and boutique WA childcare operator, with a growing network of three locations in the states Southwest. (1)
+ Proven childcare operator as former owners of one of Perth’s most celebrated childcare groups.
+ Fixed 3% annual rent increases, assuring income growth.
+ Investor preferred net lease terms with the tenant responsible for all outgoings including land tax and management fees.
+ Immaculate 77 LDC place childcare centre rated as ‘Exceeding’ under the National Quality Standards (NQS).
+ As new construction offering strong depreciation benefits, with 35% of the first years rent potentially tax free. (2)
+ Situated in significant schooling precinct – 2 schools within 350m* that combine to service 1,880 full-time students.
+ Strategic 1,737sqm* Urban Development zoned freehold landholding with access to ample on-site car parking spaces.
+ Prime location in the heart of Vasse town centre, anchored by Coles, Liquorland, McDonald’s, Vasse Medical Centre, and the newly developed Vasse Village Bunbury Farmers Market (set to open Dec 2024).
+ Vasse Estate: Anticipated for full completion by 2035, the meticulously planned $1.28B estate will be home to more than 6,500 residents, support over 3,600 jobs, + and generate $575 million in annual gross value add (GVA). (3)
+ City of Busselton: home to 41,000+ residents and forms as part of WA’s South West region, with an annual economic output of $6.6B. (4)
+ South West Region: the most populated region of WA outside Perth, home to 197,587 residents, supporting 90,407 jobs and has an annual economic output of $42.19B. (4)
+ Net Income: $249,012 pa* + GST.

For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 11 December 2024
River Room - Crown Casino, Melbourne

1 Discovery At Play
2 J Mathew Advisory
3 Vasse Estate
4 REMPlan

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Property ID: 504733428Last Updated: 21 Nov 2024

Burgess Rawson - Perth
Level 10, 225 St Georges Terrace
PERTH, WA 6000

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