17 Photos
17 Photos
the foundry
636 newcastle street
Bussiness Centre
Sale
Commercial
Unknown
1,262 m² Built-up
$ 5,300,000
About this property
N/A-Bedroom Home in Leederville, Western Australia - 1,262 Square Meter for Only AUD 5,300,000
𝐏𝐫𝐢𝐦𝐞 𝐂𝐡𝐢𝐥𝐝𝐜𝐚𝐫𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐂𝐁𝐃 𝐅𝐫𝐢𝐧𝐠𝐞 𝐋𝐨𝐜𝐚𝐭𝐢𝐨𝐧
The Foundry is located at a prime Newcastle Street location, Enjoy all the benefits of central living without the CBD's hustle and bustle. With immediate access to the North & South Freeways, just a short walk to the train station, and surrounded by a vibrant mix of cafés, restaurants, and retail options, The Foundry is an ideal spot for your business to flourish.
Situated less than 3 km from the Perth CBD, The Foundry provides easy city connectivity and a relaxed urban village feel. Commute by cycling along extensive bike paths or taking one of the area's numerous bus routes. Explore a precinct known for its delicious and diverse culinary offerings during lunch breaks.
Key Investment Highlights:
• 15-year lease until May 2038, with options extending to 2048
• Leased to YCC (WA) Pty Ltd as trustee for YCC (WA) Unit Trust, trading as Tall Tree Childcare Early Learning
• Net Income: $342,792 p.a.*
• Net lease terms with tenant covering all outgoings
• Annual fixed 3.5% rent increases ensure steady income growth, with ratchet provisions at the start of each option term
• Licensed for 92 LDC Places
This fantastic opportunity allows investor to acquire a high-quality asset in a dynamic inner-city location.
Please do not hesitate to contact Lily Chong for more information.
Whatsapp: +61 41 554 7878
Email: sales@iqiwa.com.au
Wechat: IQI_WA
Disclaimer: The information provided in this advertisement is intended for general guidance only and does not constitute any part of a contract. We have made every effort to ensure the accuracy of this information, which we believe to be reliable, but we do not make any representations or warranties, express or implied, as to its completeness, correctness, suitability or availability. You should not rely solely on this information and should conduct your own independent enquiries and exercise your own judgement before making any decisions. We are not liable for any loss or damage arising from the use of this advertisement or any of its contents.
Specification
Property Type
Bussiness Centre
Subsale
Sale
Category
Commercial
Furnishing
Unknown
Tenure
Unknown
Title
Unknown
Status
Active
Direction
Unknown
Occupancy
Unknown
Unit Type
Unknown
Property Code
5201-1723519693
Listed On
August 13, 2024
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