257 Walcott Street, North Perth, WA 6006 | Property Value & History | OnTheHouse
OFF MARKET

257 Walcott Street
North Perth WA 6006

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1012m2
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Property Details for 257 Walcott St, North Perth

Building Type
Commercial
Land Size
1012m2
Local Government
Vincent
Lot/Plan
1/S017278

Last Listing description (March 2026)

Near new Early Learning Centre available - NOW!

Outstanding two-level North Perth early education facility licensed for 76 children, available to be purchased as vacant possession or lease premises fitted out and ready for operation ( subject to ECRU approval)

Located at 257 Walcott Street, North Perth, this property is strategically located only 4km from Perth CBD and surrounded by affluent urban renewal family catchments.

The property is located between three primary schools for easy after-care transition, a short stroll to cafes, restaurants, commercial premises, fashion, beauty and pharmacy.

The strength of the Early Education sector has attracted institutional and private investors from around Australia, focused on this premium asset class for long-term commercial returns with annual rental growth.

Key Highlights: Owner Operators

** Immediate Occupation, no construction wait periods
** New building completed in 2024.
** Fully fitted out for Long Day Care, early education, with 76 places approved.
** Includes all internal fixtures and fittings and the external playground area completed.
** Land area 1012m2 Green Title Land
** 750m2 three activity area, reception, lift, fully operational kitchen etc.
** Off-street basement for 18 cars (gated and secured)
** Prime central location, amongst an urban professional and young family catchment area
Or
** Lease : 15 Year + options available
** Rent free: 6 months
** Rent: Seeking $4500 per child net per annum ($342,000) + GST and outgoings
** Rent Reviews: 3% annual
** Bank Guarantee: 6 months
** New Childcare comes with extensive external and internal fit-out
** Licensed for 76 places ( Transfer of Service Approval possible)

This opportunity is VERY RARE indeed!

This property offers investors and owner operators long-term stability in a growing childcare market growth making it an ideal opportunity to expand the existing footprint area.
Register your interest to Purchase or Lease TODAY!

For a detailed inspection and registration of interest, contact Joint Listing Agents:

Harrper Projects:
Paul Perin 0411 514 346

Sterling Property:
Jake Wallman 0403 975 298 or
Simon Brady 0407 486 401

Property History for 257 Walcott St, North Perth, WA 6006

A timeline of how this property has performed in the market
  • 09 Mar 2026
    Listed for Sale Offers
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About North Perth 6006

The size of North Perth is approximately 3.0 square kilometres. It has 13 parks covering nearly 9.8% of total area. The population of North Perth in 2016 was 8744 people. By 2021 the population was 9623 showing a population growth of 10.0% in the area during that time. The predominant age group in North Perth is 30-39 years. Households in North Perth are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in North Perth work in a professional occupation.In 2021, 64.60% of the homes in North Perth were owner-occupied compared with 65.40% in 2016.

North Perth has 5,178 properties. Over the last 5 years, Houses in North Perth have seen a 85.59% increase in median value, while Units have seen a 60.50% increase. As at 28 February 2026:

  • The median value for Houses in North Perth is $1,772,788 while the median value for Units is $790,780.
  • Houses have a median rent of $880 while Units have a median rent of $700.
There are currently 18 properties listed for sale, and 6 properties listed for rent in North perth on OnTheHouse. According to Cotality's data, 214 properties were sold in the past 12 months in North perth.

Suburb Insights for North Perth 6006

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.