Skip to main content
Domain Allhomes
23 Railway Parade
Mount Lawley WA 6050
Share
Shortlist
SearchBack to results

23 Railway Parade Mount Lawley WA 6050

  • Other
  • 989 m²
  • For Sale, $3,950,000 (GST na) (under offer)

CBD Fringe Child Care Centre For Sale ~ 6.5% Yield

    MMJ Real Estate (WA) as exclusive agents are pleased to offer to the market for sale by private treaty, 23 Railway Parade, Mt Lawley.

    Key Highlights for this investment:
    * Licensed for 71 places
    * Trades as KinderPark ELC
    * Tenant is Lex Education Group (private WA company with 14+ centres trading under multiple brands)
    * Land Area: 989 square metres
    * Zoned 'Business'
    * Current passing rent is $255,040 per annum plus GST plus outgoings (as at 01/03/25)
    * Brand new 10 year + 5 year + 5 year lease commenced 1st March 2024
    * Rent reviews annually to fixed 3.0%, market rent reviews each 5 years and a ratchet clause applies
    * All normal outgoings including land tax and management fees are recoverable from the tenant
    * Premium corner position at the intersection of Railway Parade & Park Street
    * Offered for sale significantly below replacement cost
    * Strong underlying land value
    * Excellent location with high barriers to end
    * An opportunity not to be missed.

    For Sale by Private Treaty
    $3,950,000 (Going Concern)

    To arrange an inspection or for further details please contact Chris Geers.

    MMJ Real Estate
    MMJ Real Estate
    Level 2, 5 Mill Street
    Perth, WA 6000

    Property Highlights

    Floor AreaAsk Agent
    Land Area989 m²
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019341320
    Category
     Other
     Medical / Consulting
    Last updated  4 Mar 2025
    Map for 23 Railway Parade Mount Lawley WA 6050

    Nearest transport* to 23 Railway Parade Mount Lawley WA 6050

    Bus
    Train
    Tram
    Ferry
    Guildford Rd Before Park Rd65 m
    Guildford Rd After West Pde88 m
    Guildford Rd After Whatley Cr221 m
    Guildford Rd After Stanley St267 m
    Data source: Transperth. This data is available free of charge fromwww.transperth.wa.gov.au.
     *Within a 4km radius
    Did you find this helpful?
    Yes
    No
    nbn® Fibre to the Premises (FTTP) is available in this property
    Max wholesale speed tier available: nbn® Fibre to the Premises
    MMJ Real Estate
    MMJ Real Estate
    Level 2, 5 Mill Street
    Perth, WA 6000

    Property Highlights

    Floor AreaAsk Agent
    Land Area989 m²
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019341320
    Category
     Other
     Medical / Consulting
    Last updated  4 Mar 2025

    Listed by

    Chris Geers
    Chris Geers
    MMJ Real Estate
    Call
    0410 493 057

    Enquire about this property

      Contact information

            Message

              By sending this message, you agree to our Privacy Policy

              More about 23 Railway Parade Mount Lawley WA 6050

              23 Railway Parade Mount Lawley WA 6050 is categorized as Other Property. It has a land area of 989 m². The listing ID for this property is 2019341320.

              More Other properties for Sale in Mount Lawley WA

              For Sale$3,950,000 (GST na) (under offer)
              23 railway parade,mount lawley, WA 6050
              989 m²
              Other
              For SaleContact Agent
              level 3/369 newcastle street,northbridge, WA 6003
              687 m²
              Other
              For SaleOffers Invited Closing 20th March
              130 & 132 edward street,perth, WA 6000
              198 m²
              Other
              MMJ Real Estate MMJ Real Estate