SOLD
89 Narran Street, Hilbert, WA 6112
Strategic Childcare Investment in High Growth Location
+ 15 + 10 year net lease to 2044
+ Strategic 1,913 sqm corner site opposite future primary school
+ Desirable 3% annual rent increases
+ Tenant pays all usual outgoings including Land Tax and management fees
+ ‘One of a kind’ caterpillar design child care facility licensed for 87 LDC places
+ New construction with substantial taxation savings benefits
+ City of Armadale: one of Western Australia’s fastest growth areas – forecast population increase of 60% to 151,896 residents by 2041
+ Net Income: $224,025 pa +GST
Sold
+ Strategic 1,913 sqm corner site opposite future primary school
+ Desirable 3% annual rent increases
+ Tenant pays all usual outgoings including Land Tax and management fees
+ ‘One of a kind’ caterpillar design child care facility licensed for 87 LDC places
+ New construction with substantial taxation savings benefits
+ City of Armadale: one of Western Australia’s fastest growth areas – forecast population increase of 60% to 151,896 residents by 2041
+ Net Income: $224,025 pa +GST
Sold
Property Info
Municipality
Hilbert
Burgess Rawson Melbourne Melbourne
Level 7, 140 Bourke Street
Melbourne, VIC 3000
Tel: 03 9613 0400
Email Us
NEARBY PROPERTIES
Adam Thomas
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