• Modern centre previously licenced for 125 children

• Currently returning $401,606.92pa + GST

• Lease expiry 25 April 2025

Offered to the market for the first time since developed by Northbridge Properties Group, an experienced childcare centre developer, this modern centre will appeal to a range of occupiers and add value investors given the expiring lease term. Situated on Rosedale Road in Albany the property is positioned to take advantage of a significant residential catchment and within close proximity to a range of primary, intermediate and secondary schools.

The property is situated on a 2,409sqm freehold site in this tightly held location and the improvements have been maintained to an excellent condition by both landlord and professional operator.

Alternative use to childcare (subject to consent) could include campus-style office, medical, religious and community groups with the property having ample car parking to accommodate a range of occupiers.

Our vendor's instructions are clear that this property will be sold.