77 Peel Terrace, Busselton, WA 6280

Offices

For Sale

  • Property ID: 448163
  • Occupancy: Vacant
UNDER OFFER - Brand New, Purpose Built Childcare Investment in one of Australia's booming regional centres

Altegra Property Group & Sterling Property as joint-exclusive selling agents are pleased to present 77 Peel Terrace, Busselton, WA For Sale by Offers Invited closing 5pm Wednesday 9th October 2024 (AWST). Located within a booming regional centre of south west Western Australia, key investment features include; - 15 Year lease expiring 2039 with 1 x 10 year option - Securely leased to experienced South-West operator, Bush Kids, with Centres in Eaton, South Bunbury & Busselton. - Net Income: $285,000pa + GST - Tenant pays all outgoings - Attractive 3.5% annual rent increases - Bank Guarantee and personal guarantee The prominent corner location of this asset is well position to capitalise on the continued growth and development in the surrounding catchment area's; - Located within the Busselton Town Centre, a short drive to the major Commercial & Retail precinct - 3 Primary Schools within a 3.5km radius, boasting over 1000 total enrolments - Peel Terrace is easily accessible from Bussel Highway, providing excellent connectivity for parents - Brand new, quality built 86-place Purpose Built Childcare Centre - Significant depreciation benefits - Gap Maps showing a ratio of 4.5 children aged 0 – 5 per licensed place within the LGA of Busselton; highlighting a surplus in demand for additional Childcare services within the catchment - Childcare is a highly sought-after asset class favoured for its defensive characteristics: long term leases, fixed rental increases, strong tenant covenants and underpinned by significant Government funding offering investors secure, long-term returns. To request a copy of the Information Memorandum or discuss the opportunity further, please contact the Joint Exclusive Selling Agents Altegra Property Group or Sterling Property.

Busselton Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $124 ---
Offices --- $96 ---
Retail $1504 --- ---
This is the average advertised price, rent and yield for Busselton, WA 6280*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in WA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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