232 Cape Street,
Tuart Hill, WA 6060

Purpose built modern child care center licensed for 39 children!! Land size: 911sqm. Internal building area: 240sqm. Frontage: 20.12 meter, Depth: 45.26 meters. Leased to “Mulberry Tree” franchise. The lease is for 5 years with four 5 year options, commenced on 7/11/1997. Tenant pays for all out-goings. Net rental income $42,228 per annuam. CPI increase every 12 months. Market rental review every 36 months.

This property is situated within a 6.5 kilometre radius North-West of the Perth City center. It is in a fantastic location, opposite a primary school on a reasonably busy road! Giving this property great exposure to local residents. This property offers easy excess to the Mitchell Freeway, shopping centers and all amenities.

This is an excellent investment! Be sure not to miss out!!!

Asking Price: $1,200,000 to $1,300,000

Contact Leanne Zhou for further information and to arrange viewings 0412 705 266