83 Mangles Street South Bunbury WA 6230

Altegra Property Group as exclusive selling agents are pleased to present 'Bush Kids Bunbury', a brand new, purpose-built childcare centre underpinned by a 15 year net lease and currently the first and only childcare centre located within the established South Bunbury area.

FOR SALE via OFFERS TO PURCHASE closing Thursday 27th March 2025 at 4pm (AWST) - Unless sold prior.

Bush Kids Bunbury is a single-storey purpose built childcare centre set on 2,023m2* corner site, offering significant depreciation benefits. The brand-new facility sits on a prominent and busy corner of Mangles Street and Mossop Street, located just a short distance from the Bunbury Town Centre, Commercial/Retail precincts and a short drive to a number of local Primary Schools.

Investment Highlights include:

- Secure 15-year Lease to 2040 + option to 2050, with annual 3% rent increases
- Bush Kids Childcare, a reputable South-West operator with centres in Eaton, South Bunbury and Busselton
- Expansive 2,023 sqm* corner site with 89sqm* of dual street frontage
- Purpose Built single-storey centre, recently completed offering significant depreciation benefits
- Located in South Bunbury just a short distance from Bunbury Town Centre
- 8 Primary Schools within a 3kms radius
- Net Income $310,000 pa* plus GST
- Full net lease, tenant pays all outgoings

Location:

Bunbury is the 3rd most populated city in Western Australia, with an estimated population of over 83,000** people. Located 180km south of Perth it is the heart of the Bunbury- Geographe region with a diverse economic scene including heavy and general industries, mining, agriculture, transport and services for the growing population. The Greater Bunbury region is a fast growing municipality with population expected to exceed over 100,000 by 2031 offering continued growth of social and economic opportunities for local residents neighbouring towns and shires.

Method of Sale:

FOR SALE via OFFERS TO PURCHASE closing Thursday 27th March 2025 at 4pm (AWST) - Unless sold prior.

Detailed property information is available upon request.

* all sizes quoted are approx.
** courtesy of City of Bunbury's annual budget report