Childcare with 15 year lease!
This recession-proof asset was secured off-market for our client. It’s located in an established community retail strip 5km from Perth’s CBD, with a 15 year lease in place and option to 2046. This is our clients second purchase with Rethink Investing. They were looking for a low risk commercial property with a long lease.
This brand new CBD childcare building is what they landed on. The asset was purchased off-market and without competition. If we didn’t purchase this property, it would have went to auction where we believe it would have sold for more. Off-market deals like this is example of the advantage buyer’s agents can bring even to the most experienced investors.
report, bank fees)
Purchasing Costs
Key Highlights
• Building Area: 528m2
• NLA: 814m2• 15 + 10 year lease
• 76 place centre in prime catchment position
• Security: $148,500 bank guarantee
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