MMJ Real Estate (WA) and Sterling Property as joint exclusive agents are pleased to present this wonderful childcare lease opportunity.

Key Features:

• DA Approved (July 2023) development incorporating 90 place child care centre, medical centre, offices and restaurant / café
• Negotiations currently underway for an anchor medical tenant to join the development
• Adjacent land owned by the Dept of Education for future Primary School
• No childcare centres currently exist within Millbridge
• Growing location with various active nearby land Estates including Treendale, Parkridge Eaton and Millbridge Private Estate
• Future access to northern part of estate set to connect through to Forrest Highway, generating 25,000+ daily passing traffic**
• 6-primary schools within a 4km radius, boasting over 2,100 enrolments*
• 5-minute drive to Eaton Fair, a significant regional Shopping Centre underpinned by Coles, Woolworths & K-Mart, currently undergoing expansive upgrade.

ANTICIPATED LEASE TERMS:
Rent: Above $3,100+ per licensed place plus GST plus outgoings
Minimum initial lease term of 15 years plus options
Annual review: by negotiation
Net lease with Tenant paying all outgoings including rates, taxes, insurance and management fees

For more information please contact Exclusive Agents:
Chris Geers 0410 493 0... chris.geers@mmj.com.au
Jake Wallman 0403 975 2... jwallman@sterlingproperty.au