Link Gold Coast Phone : 07 5572 **** Alan Minshull
0498 ****

0498 ****

Long Established Childcare Centre in Idyllic Location

Listing Id : 240502

Location : Western Australia - Regional Wa -Regional Wa

Category : Educational, Child Care Center

Asking Price : 275,000

Business description

This is a tenanted purpose-built Childcare leasehold or freehold sale, located on the South Coast of Western Australia. This Childcare Centre began operation in 2006 and is licensed for 72 Children.

The building is of brick construction and has 3 rooms to care for children from 0 to 6 years of age.

This acquisition is perfect for a passive investor or owner operator, excellent profit, currently running at 65% to 70% occupancy, offering the buyer huge potential to grow the business to full capacity.

This Childcare Centre is operated by a manager as the owner lives interstate, which offers flexibility around the terms of sale for the buyer.

Current annual rent is $85,000 pa + $16,000 Outgoings in which has been calculated at 7.9% of projected annualised turnover with current occupancy.

The owner is offering the buyer the option of a long-term lease or the purchase of the freehold outright.

Asking Price: Leasehold Childcare Centre $275,000with the Freehold being offered additionally for $950,000

For full details contact Alan Minshull

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