1 Seagrove Boulevard Merriwa WA 6030

Burgess Rawson is pleased to offer to the market Branches Early Learning located at 1 Seagrove Boulevard, Merriwa for sale via Offers Invited campaign.

This opportunity has the following key investment highlights:

+ Ten (10) year net lease to October 2034
+ Two (2) further ten (10) year options to October 2054
+ Little Learners Place: Leading WA operator with 9 centres and expanding
+ Greater of CPI or 3% annual rent increases, ensuring rental growth
+ Tenant pays all usual outgoings including land tax and management fees
+ State-of-the-art 86 LDC place childcare facility with 25 on-site car spaces
+ Expansive 2,158sqm* landholding strategically located at the entrance of the Seagrove Residential Estate, and fronting Marmion Avenue.
+ Prominently positioned within a strong schooling catchment, with twenty-one (21) schools within a 3km* radius combining to service 9,200 students*
+ Situated within close proximity of major retail amenities including Ocean Keys Shopping Centre, Butler Central & Lakeside Joondalup, anchored by national retailers Coles, Woolworths, ALDI, Kmart, Target, Big W, Myer, Best & Less & over 300 specialty stores.
+ Ideally located fronting Marmion Avenue, a key north-south arterial route connecting Trigg in the South with Yanchep in the North, enhancing connectivity and transport convenience, with 38,000+ passing cars per day*
+ Merriwa is 1 of 36 distinctive suburbs located within the City of Wanneroo. The City of Wanneroo is one of Western Australia's fastest and largest growing local government areas, with Merriwa located just 35.5km* from Perth's CBD. With rapid residential development and increasing demand for amenities, Merriwa is becoming a sought-after area for families and investors alike
+ Childcare/Early Education is an essential service with both Federal and State Governments allocating $14.8 billion of funding for FY24, with an additional $4.7 billion dedicated to the cheaper childcare reform which took effect in July 2023
+ Net Income: $235,000 pa* + GST

For Sale

Offers Invited Campaign, closing Monday 26 May 2025 @ 3pm (AWST)

For further information or to arrange an inspection please contact the Selling Agents, Christopher Carcione (0415 393 082) or Richard Giorgi (0468 697 093)

*Approx