 Asset Class: | Child Care |
 Price: | $ 3387500 |
 Net Yield: | 6.00 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
Strategically located just 5km from Perth CBD, this well-established, purpose-built childcare facility presents a rare opportunity to secure a long-term, income-generating asset backed by strong fundamentals. Positioned on a prominent 1,100 sqm corner site in the sought-after suburb of Wembley — where the median house price is $1,750,000 — the centre is fully leased to Jellybeans Childcare, part of the ASX-listed G8 Education Limited (ASX: GEM), one of Australia’s largest and most trusted early education providers.<br><br>This 50-place, single-level facility has been operating since 2009 and enjoys high visibility, excellent access, and close proximity to local amenity. Located just 250m from Wembley Primary School and within 2km of six primary schools, the asset is ideally placed to benefit from ongoing demand for childcare services in a well-established, affluent catchment.<br><br>A secure 7-year lease to 2031 with 6 x 5-year options through to 2061 is in place, with fixed 4% annual rent increases and a current net income of $203,251 plus GST. The lease is backed by G8 Education Limited, a major national operator managing over 400 centres across Australia. With 12 on-site car bays and convenient access to key arterial roads, the property combines location, lease security, and long-term income certainty.<br><br>Childcare remains a highly sought-after asset class, supported by Federal Government funding, long lease structures, and robust tenant covenants. This offering provides an exceptional opportunity to acquire a quality childcare asset in one of Perth’s most desirable inner-city suburbs.
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<span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">Wembley is a well-established, family-friendly suburb located approximately 5 km northwest of Perth's CBD. Known for its blend of heritage charm and modern amenities, Wembley offers a high quality of life with excellent access to parks, schools, and transport.</span><br><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">Key Highlights</span><br><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• Proximity to CBD: Just 5.5 km from Perth's central business district, providing easy access to city amenities.</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• Green Spaces: Home to Lake Monger and Herdsman Lake, offering residents scenic walking trails and recreational opportunities.</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• Educational Facilities: Served by reputable schools such as Wembley Primary School and Lake Monger Primary School, making it attractive for families.</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• Community Amenities: Features a variety of cafes, restaurants, and shops along Cambridge Street, contributing to a vibrant local atmosphere.</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• Real Estate Market: The median house price is approximately $1.69 million, reflecting strong demand in this desirable suburb.</span><br><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">Wembley's combination of location, lifestyle, and community facilities makes it a sought-after area for both residents and investors.</span>
Additional Location Information File<a style="display:inline;" target="_blank" href="https://www.jellybeanschildcare.com.au/our-centres/childcare-wembley"><u>https://www.jellybeanschildcare.com.au/our-centres/childcare-wembley</u></a><span></span>
Initial Term:
Security:
ASX Tenant
Security Info:
ASX Tenant
Initial Term:
Security:
ASX Tenant
Security Info:
ASX Tenant
58 Reserve Street, Wembley, WA, 6% city fringe (<$4M) 257 Walcott Street, North Perth, WA, 75 places, 6.25%, city fringe (sold $6M April) 43 Granfell Way, Byford, WA, 106 places, 6.3%, 2025, outer suburban 1 Marchant Way Byford WA, sold 5.8%, 2024, outer suburban 73 Kingsley Drive, Kingsley WA, 6.07%, outer suburban Lex Education, Forrestfield, May 2023, 5.78% outer suburban The Family Tree, Baldivis, February 2023, 5.88%, outer suburban 61 & 63 Lagoon Drive Yanchep, 5.5%, regional 2 Esperance Avenue, Dawesville WA, 6.2%, regional 6 English Retreat, Leda, WA, converted house, single operator, 6.13%, 2024
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;font-style:normal;"><p style="display:inline;"><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">1,100m²* corner freehold site with excellent exposure</span></p></li><li style="list-style-image:none;font-style:normal;"><p style="display:inline;"><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">50-place established childcare centre operated by Jellybeans Childcare</span></p></li><li style="list-style-image:none;font-style:normal;"><p style="display:inline;"><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">Single-level, purpose-built facility with 12 on-site car bays</span></p></li><li style="list-style-image:none;font-style:normal;"><p style="display:inline;"><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">Fully leased to Jellybeans Childcare, part of ASX-listed G8 Education Limited (ASX: GEM)</span></p></li><li style="list-style-image:none;font-style:normal;"><p style="display:inline;"><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">7-year net lease to 2031, plus 6 x 5-year options extending to 2061</span></p></li><li style="list-style-image:none;font-style:normal;"><p style="display:inline;"><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">$203,251* net income p.a. + GST with fixed 4% annual rent increases</span></p></li><li style="list-style-image:none;font-style:normal;"><p style="display:inline;"><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">Tenant pays all outgoings, including land tax and property management fees</span></p></li><li style="list-style-image:none;font-style:normal;"><p style="display:inline;"><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">Prime Wembley location, just 5km from Perth CBD and 250m to Wembley Primary School</span></p></li><li style="list-style-image:none;font-style:normal;"><p style="display:inline;"><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">Within a 2km radius of 6 local primary schools, supporting strong long-term demand</span></p></li><li style="list-style-image:none;font-style:normal;"><p style="display:inline;"><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">High-profile inner-city suburb with a $1,750,000 median house price</span></p></li><li style="list-style-image:none;font-style:normal;"><p style="display:inline;"><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">Childcare centre has operated successfully on-site since 2009</span></p></li><li style="list-style-image:none;font-style:normal;"><p style="display:inline;"><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">Strategic location offering strong catchment demographics and accessibility</span></p></li><li style="list-style-image:none;font-style:normal;"><p style="display:inline;"><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">ASX-listed tenant with national scale – over 400 centres operated by G8 Education across Australia</span></p></li></ul>
