Lot 29/38 Paterson Street, Mundijong WA 6123

1012

m2

400.00

m2

$From $3,500,000

MUNDIJONG - Investment New Childcare Centre 15 Year Lease + 15 Year Option

INVESTMENT RETURN RANGE 6%- 6.25% per annum

MUNDIJONG – JUST45 MINS SOUTH OF PERTH
https://reiwa.com.au/suburb/mundijong/

BRAND NEW BUILDING LEASED TO MULTI SITE OPERATOR – ‘JELLY TOTS’
FEATURES INCLUDE :

Opportunity Highlights

** 50-place Centre Leased to WA operator Jelly Tots Early Learning Centres Pty Ltd t/a Jelly Tots Mundijong
** Long-term 15-year Lease commencing Feb-2025 with attractive 3% annual rent increases
** Brand-New Construction completed in 2025 with significant depreciation benefits
** Mundijong a high-growth catchment expected to grow by 10.6% pa over the next 25 year
** Located in Town Centre near to local primary school, shopping centre, Medical Centre & train station
** Jelly Tots a multi-site operator with centres in Mundijong, South Yunderup & North Perth
** Securely leased with a 6-month bank guarantee & Head Company Lessee entity
** Passing Net Income of $212,500 pa plus outgoings plus GST

THIS IS AN OUTSTANDING PROPERTY FOR THE ASTUTE INVESTOR.
MASSIVE GROWTH CORRIDOR OF 1ST HOME DWELLINGS BEING DEVELOPED AROUND THIS NEW CENTRE

https://mundiestate.com.au/land-for-sale
https://mundiestate.com.au/living-in-mundi/education

PAUL PERIN 0411 514346

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