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70-72 Armstrong Road
Wilson WA 6107
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Sold on 9 Jun 2021

70-72 Armstrong Road Wilson WA 6107

  • Shop & Retail
  • 1,151 m²
  • Sold

NIDO EARLY LEARNING CENTRE

  • Net income of $345,000
  • Annual CPI + 1% rent reviews
  • 20 year lease plus options

CBRE is delighted to present this brand-new purpose built childcare centre to the market via an Expressions of Interest Sales Campaign.

Wilson Nido will commence trade in September 2021 with construction of the Centre now underway. The Centre will provide great security of cashflow given the initial 20 year lease term plus options of 10 + 10 years lease covenant extending until 2060, underpinned by an experienced ASX listed operator.

The contemporary two storey facility will provide for a high quality 92 place Long Day Care Centre experience, strategically positioned directly adjacent the Wilson Primary School and in close proximity to Karawara Shopping Centre, Curtin University and the Canning River.

Astute buyers will recognise childcare sector investments come with the strength of increased Government funding, and that strong population demographics such as Wilson within Perth's established southern suburbs, provides an exceptional long-term annuity income stream with built-in growth.

Wilson Nido is offered For Sale via an International Expressions of Interest campaign closing Thursday 10th March 2021 at 2:00pm (AWST)

CBRE Perth
CBRE Perth
Level 25/250 St Georges Terrace
Perth, WA 6000

Property Highlights

Date Sold9 Jun 2021
Floor Area1,151 m²
Land Area1,518 m²
Parking22 x Onsite parkings
Building TypeWhole building
Property ID2016808772
Category
Last updated  12 Jun 2023
Map for 70-72 Armstrong Road Wilson WA 6107
CBRE Perth
CBRE Perth
Level 25/250 St Georges Terrace
Perth, WA 6000

Property Highlights

Date Sold9 Jun 2021
Floor Area1,151 m²
Land Area1,518 m²
Parking22 x Onsite parkings
Building TypeWhole building
Property ID2016808772
Category
Last updated  12 Jun 2023

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More about 70-72 Armstrong Road Wilson WA 6107

70-72 Armstrong Road Wilson WA 6107 is categorized as Shop & Retail Property. It has a floor area of 1,151 m² and a land area of 1,518 m². There are 22 x onsite parkings.The listing ID for this property is 2016808772.

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