Skip to Main Content

89 Narran Street, Hilbert, WA 6112

89 Narran Street, Hilbert, WA 6112

Medical/Consulting Retail Other

  • Sold Contact Agent
  • Tue 15-Dec-20

Strategic Childcare Investment in High Growth Location

  • 15 + 10 year net lease to 2044
  • Fixed 3% annual rent increases
  • 1,913 sqm corner site

  • Land Area
  • 1913.00 m² (approx)
  • Floor Area
  • 1 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Dec 15, 2020

Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street

Melbourne Vic 3000

Natalie Couper, Burgess Rawson - Melbourne
Natalie Couper
Burgess Rawson - Perth

Level 10, 225 St Georges Terrace

Perth WA 6000

Strategic Childcare Investment in High Growth Location

+ 15 + 10 year net lease to 2044
+ Strategic 1,913 sqm corner site opposite future primary school
+ Desirable 3% annual rent increases
+ Tenant pays all usual outgoings including Land Tax and management fees
+ ‘One of a kind’ caterpillar design child care facility licensed for 87 LDC places
+ New construction with substantial taxation savings benefits
+ City of Armadale: one of Western Australia’s fastest growth areas – forecast population increase of 60% to 151,896 residents by 2041
+ Net Income: $224,025 pa +GST

Sold

89 Narran Street, Hilbert, WA 6112

Be the first to see new properties

Sign up for a MyCommercial account to get property alerts.

Get Email Alerts