Sterling Property & Harrper Projects as joint-exclusive selling agents are pleased to present 5 Charlotte Street, Dardanup (WA); a strong performing Childcare Investment opportunity For Sale by Private Treaty.- 15 Year lease expiring January 2038 with 1 x 10 year option- Securely leased to experienced South-West operator, Young Bucks Early Learning- Net Income: $262,238 + GST- Tenant pays all outgoings- Fixed 3% annual rent increases- Located approximately 15kms from the Bunbury CBD; with Greater Bunbury WA's third biggest City behind Perth & Mandurah- Situated on the main road into Town, nearby to commercial amenity & a short 2-minute drive from Dardanup Primary School- Recently constructed two-storey Childcare Centre licensed for 67-places- Significant depreciation benefits- Currently no competing Childcare services within the immediate 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.Currently trading at approximately 70% occupancy, astute investors have an opportunity to acquire 5 Charlotte Street, Dardanup, for an asking price of $3.7 million.To request a copy of the Information Memorandum or discuss the opportunity further, please contact the Joint Exclusive Selling Agents Sterling Property or Harrper Projects.
The size of Dardanup is approximately 7 square kilometres. It has 1 park covering nearly 0.4% of total area. The population of Dardanup in 2011 was 430 people. By 2016 the population was 500 showing a population growth of 16.3% in the area during that time. The predominant age group in Dardanup is 40-49 years. Households in Dardanup are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dardanup work in a trades occupation. In 2011, 75.2% of the homes in Dardanup were owner-occupied compared with 79.2% in 2016.
Dardanup has 379 properties. Over the last 5 years, Houses in Dardanup have seen a 85.75% increase in median value. As at 31 October 2024:
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