Altegra Property Group as exclusive selling agents are pleased to present ‘Bush Kids Bunbury’, a brand new, purpose-built childcare centre underpinned by a 15 year net lease and currently the first and only childcare centre located within the established South Bunbury area. FOR SALE by Private Treaty - Price $5,000,000 (nil GST/Going Concern) Bush Kids Bunbury is a single-storey purpose built childcare centre set on 2,023m2* corner site, offering significant depreciation benefits. The brand-new facility sits on a prominent and busy corner of Mangles Street and Mossop Street, located just a short distance from the Bunbury Town Centre, Commercial/Retail precincts and a short drive to a number of local Primary Schools. Investment Highlights include: - Secure 15-year Lease to 2040 + option to 2050, with annual 3% rent increases - Bush Kids Childcare, a reputable South-West operator with centres in Eaton, South Bunbury and Busselton - Expansive 2,023 sqm* corner site with 89sqm* of dual street frontage - Purpose Built single-storey centre, recently completed offering significant depreciation benefits - Located in South Bunbury just a short distance from Bunbury Town Centre - 8 Primary Schools within a 3kms radius - Net Income $310,000 pa* plus GST - Full net lease, tenant pays all outgoings Location: Bunbury is the 3rd most populated city in Western Australia, with an estimated population of over 83,000** people. Located 180km south of Perth it is the heart of the Bunbury- Geographe region with a diverse economic scene including heavy and general industries, mining, agriculture, transport and services for the growing population. The Greater Bunbury region is a fast growing municipality with population expected to exceed over 100,000 by 2031 offering continued growth of social and economic opportunities for local residents neighbouring towns and shires Method of Sale: FOR SALE via Private Treaty - Price $5,000,000 (nil GST/Going Concern) Detailed property information is available upon request * all sizes quoted are approx. ** courtesy of City of Bunbury's annual budget report