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 $247,612 per annum plus GST plus outgoings * 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 $4,000,000 (Going Concern) To arrange an inspection or for further details please contact Chris Geers.
ส่งอีเมลสอบถามได้ที่ MMJ - PERTH
รหัสอสังหาริมทรัพย์: 504629868