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9 Westfield Road
Camillo WA 6111
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Sold on 13 Feb 2024

9 Westfield Road Camillo WA 6111

  • Medical / Consulting
  • 513 m²
  • Sold

Brand New Childcare Investment | 50 % Occupancy within Second Week of Opening & Growing!

    Burgess Rawson is pleased to offer to the market 9 Westfield Road, Camillo, WA for sale via our Offers to Purchase.

    This opportunity has the following key investment highlights:

    + New 15-year net lease to Camillo Early Learning to 2038.
    + One further 10-year option to 2048.
    + Camillo Early Learning: established and proven local provider with over a decade of experience and a growing network with two additional centres set to open soon.
    + Fixed annual 3% rent increases.
    + Tenant pays all outgoings including land tax and management fees.
    + Impressive 513sqm* childcare centre with service approved for 92 LDC places.
    + New construction offering significant depreciation benefits.
    + High profile 2,385sqm* corner site with exposure to more than 22,000 vehicles passing daily.+
    + Prominently positioned 680 metres* from the Kelmscott Train Station, Woolworths - anchored Kelmscott Plaza and the Coles Stargate Shopping Centre, and within close proximity of the Champion Lakes Shopping Centre underpinned by Aldi.
    + Situated within a significant education precinct (9 schools within a 2.5km radius).
    + Camillo: affordable family-oriented suburb with a median house price growth of 15.3% in the last 12 months.2
    + Child Care/Early Education is an essential service with both the Federal and State Governments allocating unprecedented funding to the sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding plus an additional $4.7 billion to deliver more affordable child care, which includes increasing the Child Care Subsidy (CCS) rates from July 2023. This reform aims to enhance the affordability of early education and care for approximately 96% of families with a child in care.^
    + Net Income: $329,200 pa* + GST.

    For Sale via Offers to Purchase.

    Please contact the exclusively appointed Burgess Rawson childcare team for more information.

    *Approx.
    +Gap Maps
    2 Realestate.com
    ^Australian Government - Department of Education | Child Care Subsidy Reform

    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold13 Feb 2024
    Floor Area513 m²
    Land Area2,385 m²
    ParkingAsk Agent
    Property ID2018552280
    Category
    Last updated  14 Mar 2024
    Map for 9 Westfield Road Camillo WA 6111
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold13 Feb 2024
    Floor Area513 m²
    Land Area2,385 m²
    ParkingAsk Agent
    Property ID2018552280
    Category
    Last updated  14 Mar 2024

    Co-Agents

    Adam Thomas
    Burgess Rawson VIC Pty Ltd
    Call
    0418 998 971
    Natalie Couper
    Burgess Rawson VIC Pty Ltd
    Call
    0413 856 983

    More about 9 Westfield Road Camillo WA 6111

    9 Westfield Road Camillo WA 6111 is categorized as Medical & Consulting Property. It has a floor area of 513 m² and a land area of 2,385 m². The listing ID for this property is 2018552280.

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