17a ANDERSON ROAD.
17a Anderson Road, Forrestfield WA @mmjrealestate
CHRIS GEERS MMJ Real Estate Perth M: 0410 493 057 E: chris.geers@mmj.com.au Introduction. MMJ Real Estate as exclusive selling agent is pleased to present 17a Anderson Road, Forrestfield WA; a premium Childcare Investment opportunity For Sale by Private Treaty. 03
17a Anderson Road, Forrestfield WA
Key Highlights. 01
LONG-TERM NET LEASE + OPTIONS TO 2048
Long-term Net Lease to Kids Academy plus 3 x 5-year options to 2048. Attractive built in rental growth via annual fixed 3% reviews with market reviews at option periods
Rent of $360,000.00 per annum excluding GST and outgoings
100% leased investment with attractive 6 month Bank Guarantee.
STRONG TRADING CHILDCARE BUSINESS
Kids Academy are a high quality WA based operator who currently have 10 childcare and outside school hours care businesses.
02
@mmjrealestate
PURPOSE-BUILT CENTRE
Trades from two separate freestanding, high quality purpose built buildings. Licensed for 183 places
EXCELLENT LOCATION NEAR TO COMMERCIAL / RETAIL LAND USES WITH EXTENSIVE SURROUNDING RESIDENTIAL CATCHMENT
Situated within close proximity to Hawaiian’s Forrestfield Shopping Centre and easily accessible from a number of local primary schools.
03
04 05
17a Anderson Road, Forrestfield WA @mmjrealestate
Premium Childcare Investment.
17a Anderson Road, FORRESTFIELD, WA - Volume 2854
Folio 939 comprising the whole of Lot 1 on Survey-Strata Plan 60024
The property is zoned ‘Residential (R20) & Commercial’ under the City of Kalamunda LPS No 3
This property sits on a total strata area of 3,769 sqm including building areas of 872sqm.
Occupied by Kids Academy who are a prominent WA owned and operated business with 10 locations in Metropolitan Perth Service Approval SE-40026540 provides for a maximum of 183 licensed places.
07
Securely leased investmentto localWA operatorKids Academy Early Learning.
17a Anderson Road, Forrestfield WA @mmjrealestate
The 2023-24 Federal Budget allocated approx $12.7B in combined funding to the childcare & early learning section
TO ARRANGE AN INSPECTION, PLEASE CONTACT THE SELLING AGENT.
09
17a Anderson Road, Forrestfield WA @mmjrealestate
11
17a Anderson Road, Forrestfield WA
Property Details.
Improvements & Layout
The street facing childcare building was constructed in 2004 and comprises a modern layout and configuration Due to the growth of the service the bespoke, purpose built, outside school hours care building was added in 2016
The LDC underwent approximately $620,000 worth of upgrade works in 2022 which included modernised reception, staff room and classrooms and various landscaping and outdoor yard upgrades
The long day care centre building provides approximately 524 square metres of gross building area plus 42 square metres of porch/verandahs whilst the outside school hours care building provides an additional 266 square metres of building area plus 40 square metres of verandah.
@mmjrealestate
Outdoor Play Area
The service provides numerous outdoor play environments for the children and includes bike tracks, forts, sandpit areas and climbing frames. Vast areas are provided with shade sails to ensure maximum sun protection for the children.
Service Approval
Service Approval SE-40026540 was granted to Kids Academy on the 28th April 2023 for a maximum approved 183 places
13
ARCHITECT DESIGNED 183 PLACE HIGH QUALITY
17a Anderson Road, Forrestfield WA @mmjrealestate
CHILDCARE CENTRE
15
17a Anderson Road, Forrestfield WA
Location.
The property is conveniently located along Anderson Road which connects to Hale Road a short distance to the north.
Hale Road is a major suburban traffic artery through the suburb of Forrestfield and connects nearby suburbs of Maida Vale to the north and Wattle Grove to the south west
Hale Road connects to Tonkin Highway which is a major Perth Metropolitan traffic artery. Hawaiian’s Forrestfield is situated along Hale Road which is the major shopping precinct in the immediate location.
The suburb is spoilt for choice with an abundance of amenity, local schools, public transport links & parkland.
Forrestfieldisanexpandingsuburbwithin Perth’sthrivingEasterncorridor, approximately15kmfromthePerthCBD.
@mmjrealestate
17
17a Anderson Road, Forrestfield WA @mmjrealestate
PERTH
HERITAGE COLLEGE PERTH
HILLSIDE CHRISTIAN COLLEGE
FORRESTFIELD PRIMARY SCHOOL
DAWSON PARK PRIMARY SCHOOL
WOODLUPINE PRIMARY SCHOOL
MAZENOD COLLEGE
LESMURDIE SENIOR HIGH SCHOOL
FALLS ROAD PRIMARY SCHOOL
HAWAIIAN’S FORRESTFIELD SC
CENTRO FORESTFIELD
HARTFIELD GOLF
FORRESTFIELD
CLUB 510M 820M 950M 2KM 1.3KM 3KM 3.3KM 2.8KM 750M 1.2KM 1.6KM 19
Hawaiian’s Forrestfield Centro Forrestfield 03 01 02 01 02 Hale Village Shopping Centre 03 04 05 Wattle Grove Shopping Centre 04 Lesmurdie Shopping Centre 05 17a Anderson Road, Forrestfield WA @mmjrealestate 06 06 Lesmurdie Village Shopping Centre
21
Demandfor
withinForrestfield remains strong. 17a Anderson Road, Forrestfield WA @mmjrealestate
Childcareservices
Demographic Snapshot.
45%
Couple with children
LDC Place Supply Ratio 3.8
Couple with children $110k
At 45.30%, nearly half of the households within Forrestfield comprise of Couple Family with Children (which is in line with the WA average of 44.6%), with over half of the population aged 0 – 34, reflecting a younger median aged as when compared with wider Perth.
According to Gap Maps data, the Forrestfield/Wattle Grove area has a ratio of 3.8 children aged 0 – 5 per licensed place within the suburb – which is above the national average of 3.2 children aged 0 – 5 per licensed place.
23
Kids Academy operate10 centresinthe
17a Anderson Road, Forrestfield WA @mmjrealestate
Perth Metropolitan area.
NT ecember 2040
lus outgoings
3% with Market het clause
ee in place
y
Ltd
25
17a Anderson Road, Forrestfield WA @mmjrealestate
27
17a Anderson Road, Forrestfield WA @mmjrealestate
29
@mmjrealestate
17a Anderson Road, Forrestfield WA
31
17a Anderson Road, Forrestfield WA
Why Childcare?
Strong underlying, profitable and high value businesses generating $14.7 Billion industry revenue pa (average growth of 1.8% pa FY18 to FY23, forecast to increase to 4.0% to 2028)*
Strong Government Support via Child Care Subsidy (CCS) –assists wider sector by indirectly underwriting rental payments for operators Well located within growing residential communities providing strong underlying land value supported by complimentary demographics Excellent ‘defensive’ option as it is less affected by economic cycles than other property sectors – a true ‘Essential Service’ investment
Childcare is a form of social infrastructure, allowing both parents to enter the workforce to enhance disposable income and prospects of home ownership
Purpose-Built capital intensive premises with fit out providing tenure security Government National Quality Standards provide audited regulation on centres, operators and educational outcomes, providing accountability quality assurance for sector Childcare Licenses are attached to the property
* IBIS Child Care Services in Australia August 2021
@mmjrealestate
33
Childcare investmentsare strongunderlying, profitableandhigh valuebusinesses.
Federalbudget includedtwo significant changestothe
@mmjrealestate
The2021–22
ChildCare Subsidy(CCS) 17a Anderson Road, Forrestfield WA
The 2021–22 Federal Budget included two significant changes to the Child Care Subsidy (CCS) aimed at increasing both child participation in early learning and workforce participation by providing an additional $1.7 billion in payments to:
• increase the rate of CCS for families with more than one child
• remove the annual cap on the amount of CCS that can be paid for families with incomes above $189,390
From the 10th of December 2021, the Federal government removed the annual cap for all families who get CCS and from 7th March 2022, families with children aged five or under in care will get a higher subsidy for their second child and younger children.
Increased subsidies and the removal of the Child Care Subsidy cap is expected to see families save up to $2,260 per year on childcare costs
35
17a Anderson Road, Forrestfield WA @mmjrealestate
(GST
Method of Sale.
GEERS MMJ
M:
E:
37
For Sale by Private Treaty $5,350,000
Free) For more information please contact the Exclusive Selling Agents CHRIS
Real Estate Perth
0410 493 057
chrisgeers@mmjcomau
Certificate ofTitle.
ANNEXURE
Strata Plan.
ANNEXURE
214°2'45" 152°2'47 " "03'65°98 9 0 ° 3 1 ' 4 5 " 9 0 ° 3 1 ' 5 8 " 89°59'34" 8 9 ° 5 6 ' 3 0 " 24'95°98 134°59'56 " 431 "74'95 128.73 99.4 4 91.62 91.02 91.62 81.62 81.62 81.02 3 CP14 544. 5.371.4 69.41 861. 81.32 9 90.5 56.7 20.69 26.61 5 24.69 45.27 43.77 22.91 41.61 24.89 )7.74( 6 6 948 91.62 16.09 14.59 14.59 14.59 14.59 16.09 16.09 13.09 7 6 9 8 5 13 10 12 11 9 0 ° 0 ' 4 6 " "74'95°431 )81.23( 9 0 ° 0 ' 2 0 " 9 0 ° 0 ' 2 0 " 9 0 ° 0 ' 2 0 " 9 0 ° 0 ' 2 0 " 9 0 ° 0 ' 2 0 " 9 0 ° 0 ' 2 0 " 9 0 ° 0 ' 2 0 " (128.73) 16.09 16.09 16.09 16.09 16.09 16.09 16.1 2.51 "2'0°531 9 0 ° 9 0 ° 9 0 ° 9 0 ° 9 0 ° 9 0 ° °09 9 0 ° 2 7 0 ° 072 10.1 91.02 2 7 0 ° °072 6 °09 9 0 °6 9 0 ° "43'2°09 9 0 ° 76.7 208 ° (29.41) 5.02 (29.89) 417m² 421m² 412m² 412m² 421m² 412m² 412m² 404m² 371m² 370m² 367m² 1137m² 152° SEMLOH DAOR 1 SP 60024 17 D 38687 ~35684 9892 D 53048 9 D 18794 60024 HELD BY LANDGATE IN DIGITAL FORMAT ONLY SURVEY-STRATA PLAN SURVEYOR'S CERTIFICATEREG 54 ADDRESS OF PARCEL NAME OF SCHEME SHEET 1 OF 1 SHEETS PLAN OF CERTIFICATE OF TITLE LOCAL GOVERNMENT FIELD RECORD MANAGEMENT STATEMENT YES NO which it is lodged. complies with the relevant written law(s) in relation to undertaken for the purposes of this plan and that it [* delete if inapplicable] records, (b) *calculations from measurements recorded in the field (a) *survey; and/or representation of thehereby certify that this plan is accurate and is a correct I, LICENSED SURVEYOR DATE LODGED DATE FEE PAID ASSESS No. EXAMINED DATE WESTERN AUSTRALIAN PLANNING COMMISSION Delegated under S.16 P&D Act 2005 DATE W.A.P.C. REF: Certificate of Approval of W.A.P.C. under Section 25B(2) of Strata Titles Act 1985 PLAN APPROVED (S. 18 Licensed Surveyors Act 1909) INSPECTOR OF PLANS AND SURVEYS DATE IN ORDER FOR DEALINGS SUBJECT TO REGISTERED DATE REGISTRAR OF TITLES SEAL APPLICATION FOR REGISTRAR OF TITLES DATE VER. AMENDMENT AUTHORISED BY DATE J.S. BOLHUIS WESTERN AUSTRALIA GOVERNMENT OF SUBJECT PURPOSE STATUTORY REFERENCE ORIGIN LAND BURDENED BENEFIT TO COMMENTS INTERESTS AND NOTIFICATIONS A L L D I S T A N C E S A R E I N M E T R E S S C A L E : @ A 3 PLANNING & SURVEY SOLUTIONS ® E: drafting@harleydykstra.com.au W: www.harleydykstra.com.au P: 08 9228 9291 PO BOX 316 KELMSCOTT WA 6991 PERTH WA 6000 Lvl 1, 252 Fitzgerald Street 0 10 20 30 5 15 25 4 2 4 LOT 2 ON SP 60024 RE-SUBDIVISION OF 2854/940 KALAMUNDA SHIRE OF 131571 FORRESTFIELD WA 6058 334 HOLMES ROAD, 1510-13 JV 16/12/15 D11-911U3-01A HD Ref 1 : 6 0 0 49.41 22.51 20.74 49.41 9 0 ° 3 4 ' 3 0 9 0 ° 3 4 ' 3 0 (29.89) 24.89 2 9 0 ° 3 1 ' 9892 69 210. 2 ' 3 0 " 24.74 5 4 NOT TO SCALE SEC 167 OF THE P & D ACT REG 33(a) THIS PLAN 33a (DRAINAGE) EASEMENT LOTS 4 & 5 SHIRE OF KALAMUNDA 33a 33a 33a 33a 33a ENLARGEMENT OF EASEMENT FORRESTFIELD 17 ANDERSON ROAD 84 ° °09 69.41 861. CP14 ~35684 9892 49.41 "13'52°98 )7.74( 17 2 41.61 "85'82°98 °09 Denotes Nail & Plate LEGEND Wall Limestone Top of Wall Limestone Top of Wall In Limestone "5'0°09 Wall stone In Lime In Kerb In Bit In Kerb In Kerb In Kerb In Kerb In Kerb In Kerb TO 60.96 METRES LIMITED IN DEPTH Denotes Nail 'A' 'B' 1.5 1.5 °072 3 2 7 0 ° 9 0 ° 6 6 81.02 10 11 CP14 1.0 1.0 NOT TO SCALE ENLARGEMENT AT 'B' 1.5 1.5 °072 3 2 7 0 ° 9 0 ° 6 6 81.02 7 8 CP14 1.0 1.0 NOT TO SCALE ENLARGEMENT AT 'A' Wall Limestone Top of Wall Limestone Top of 59.7 6.5 09432 22.91 (29.41) 56.7 3.0 3 1 NOT TO SCALE ENLARGEMENT AT 'C' 'C' CP14 Wall In Limestone 27-Jul-2016 LANDGATE COPY OF ORIGINAL NOT TO SCALE 14/05/2024 09:58 AM Request number: 66595368 www.landgate.wa.gov.au
Office Use Only Current Cs of Title
Schedule of Unit EntitlementSchedule of Unit Entitlement
Office Use Only Current Cs of Title
Lot No,Unit EntitlementVol.Fol.Lot No,Unit EntitlementVol.Fol.
1,000
DESCRIPTION OF PARCEL
Aggregate
Re-Subdivision of Lot 2 on Strata Plan 60024 17 Anderson Road, Forrestfield, WA 6058
Don Eftos
SURVEY-STRATA 09-Feb-2016
I, ………………………………………………, being a Licensed Valuer licensed under the Land Valuers Licensing Act 1978 certify that the unit entitlement of each lot (in this certificate, excluding any common property lots), as stated in the schedule bears in relation to the aggregate unit entitlement of all lots delineated on the plan a proportion not greater than 5% more or 5% less than the proportion that the value (as that term is defined in section 14 (2a) of the Strata Titles Act 1985 ) of that lot bears to the aggregate value of all the lots delineated on the plan.
Digitally signed by Don Eftos Date: 2016.02.09 13:31:30 +08'00'
Date Signed CERTIFICATE OF LICENSED VALUER FORM 3 60024 1 252 2 Now Subdivided 3 64 4 65 5 65 6 68 7 69 8 69 9 70 10 69 11 69 12 70 13 70 CP14 Common Property
SURVEY-STRATA PLAN No.
LANDGATE COPY OF ORIGINAL NOT TO SCALE 14/05/2024 09:58 AM Request number: 66595368 www.landgate.wa.gov.au
17 D38687 410 D53561 409 D53561 41 DP69184 9 D18794 34 691 141841. 021629. 29.891 4199. 128.728 23381. 128.732 89°59'34" 9 0 ° 0 4 9 " 95°98 "24 "85'82°98 "55'95°962 "03'65°962 ANDERSON ROAD SEMLOH DAOR 35684 9892 D53048 125 °37 '28 " 126 °12 ' 29.412 "43'2°09 9 0 ° 3 1 5 8 " 1 3769m² 2 5558m² 861()626. 747. 025. 161()846.782041 12 1 476 8 9 ° 5 7 2 6 " "23'22°45 14I E B/nail & Plate in Bitumen Spring Head Nail in Old Fence Post 0ecneFot3. 01toOldFencePost 0.025toOldFencePost 002 500 0.2 ot210FtsoPecne 12B Pepler Ave. Salter Point WA 6152 Ph: 9450 7188 Fax: 9450 7199 email: admin@jbasurveys.com.au web: www.jbasurveys.com.au PLAN OF CERTIFICATE OF TITLE LOCAL GOVERNMENT INDEX PLAN NAME OF SCHEME ADDRESS OF PARCEL SURVEYOR'S CERTIFICATE Reg 54 hereby certify that this plan is accurate and is a correct representation of the (a) *survey; and/or (b) *calculations from measurements, [*delete if inapplicable] undertaken for the purposes of this plan and that it complies with the relevant written law(s) in relation to which it is lodged. I Licensed Surveyor Date SEAL DATE REGISTRAR OF TITLES APPLICATION REGISTERED FOR REGISTRAR OF TITLES DATE SUBJECT TO IN ORDER FOR DEALINGS COR. FILE CORRECT CERTIFIED ASSESS No. FEE PAID DATE LODGED MANAGEMENT STATEMENTYESNO Our Ref: SHEETOF 1 FIELD BOOK SCALE Delegated under S.16 P&D Act 2005 WESTERN AUSTRALIAN PLANNING COMMISSION Strata Titles Act 1985 Certificate of Approval of W.A.P.C. under Section 25B(2) of W.A.P.C. REF: DATE SURVEY-STRATA PLAN 60024 1 SHEET LOT 800 ON DP 74902 SHIRE OF KALAMUNDA BG34 (2) 22.21, 23.21 120530 SEE PLAN 17 ANDERSON ROAD FORRESTFIELD 17 ANDERSON ROAD FORRESTFIELD, WA, 6058 1-12 DEAN DIAMOND 12845960024.CSD SUBJECT PURPOSESTATUTORY REFERENCEORIGINLAND BURDENEDBENEFIT TOCOMMENTS Scale @A3 1:1000 0 1020304050 LIMITED IN DEPTH TO 60.96 METRES 14I REG 14I OF THE STGRTHIS PLANLOT 1LOT 2 EASEMENT (PEDESTRIAN ACCESS) E SEC 136C OF THE TLATHIS PLANLOT 1LOT 2 EASEMENT (SEWERAGE) HELD BY LANDGATE IN DIGITAL FORM ONLY. 26-Mar-2013 DealingonDeposited Plan74902,Reg14IofSTGR& Sec136CofTLA 23-Jan-13 $374.00 12083595 TRIM:22030-2010GF Dean Diamond 2012.12.05 15:58:44 08'00' 19-Jul-2013 2854-938 LANDGATE COPY OF ORIGINAL NOT TO SCALE 14/05/2024 09:58 AM Request number: 66595368 www.landgate.wa.gov.au
SURVEY-STRATA PLAN No.
Office Use Only Current Cs of Title
2854 - 939
Schedule of Unit EntitlementSchedule of Unit Entitlement
2854 - 940
Office Use Only Current Cs of Title
Lot No,Unit EntitlementVol.Fol.Lot No,Unit EntitlementVol.Fol.
Aggregate
DESCRIPTION OF PARCEL
Two survey strata lots situated on Lot 800 on DP74902. The address is 17 Anderson Road, Forrestfield, WA, 6058.
CERTIFICATE OF LICENSED VALUER
SURVEY-STRATA
I, ………………………………………………, being a Licensed Valuer licensed under the Land Valuers Licensing Act 1978 certify that the unit entitlement of each lot (in this certificate, excluding any common property lots), as stated in the schedule bears in relation to the aggregate unit entitlement of all lots delineated on the plan a proportion not greater than 5% more or 5% less than the proportion that the value (as that term is defined in section 14 (2a) of the Strata Titles Act 1985 ) of that lot bears to the aggregate value of all the lots delineated on the plan.
15-Jan-2013
Date Signed
FORM 3 60024
40
60 100
1
2
Digitally signed by Darren Starcevich AAPI Licensed Valuer No. 44415 Date: 2013.01.15 09:20:06 +08'00'
Darren Starcevich AAPI
LANDGATE COPY OF ORIGINAL NOT TO SCALE 14/05/2024 09:58 AM Request number: 66595368 www.landgate.wa.gov.au
Signature of Registrar of Titles FORM 8 SCHEDULE OF DEALINGS
Instrument
NatureNumberRegisteredTime
SCHEDULE OF ENCUMBRANCES ETC.
Signature of Registrar of Titles
ANNEXURE 'A'
Dealings registered or recorded on
Cancellation
NatureNumberRegisteredTime
Signature of Registrar of Titles
Registered
EASEMENT BENEFIT CREATED UNDER SECTION 136C T.L.A. FOR SEWERAGE PURPOSESSEE SURVEY-STRATA PLAN 60024 EASEMENT BURDEN CREATED UNDER SECTION 136C T.L.A. FOR SEWERAGE PURPOSESSEE SURVEY-STRATA PLAN 60024
RE-SUBDIVISION OF LOT 2 TO CREATE LOTS 3 TO 13 AND CP14.
Particulars
Instrument
NatureNumber
Note: Entries may be affected by subsequent endorsements.
NOTIFICATION N346782
BY-LAWS 27.7.2016 LANDGATE COPY OF ORIGINAL NOT TO SCALE 14/05/2024 09:58 AM Request number: 66595368 www.landgate.wa.gov.au
NOTIFICATION OF CHANGE OF
Approved Form 2020 -275 88 Version 3 –1 /07 /2020 OFFICE USE ONLY ANNEXURE REGISTRAR OF TITLES
Cancellation Number Particulars
Nature Number Registered LANDGATE COPY OF ORIGINAL NOT TO SCALE
09:58 AM Request number: 66595368 www.landgate.wa.gov.au
Record of Strata Titles Scheme Limitations, Interests, Encumbrances and Notifications
Document
Date recorded/ lodged/ registered
14/05/2024
Survey Strata Plan 60024
Lot Certificate of Title Lot Status Part Lot 1 2854/939 Registered 2 2854/940 (Cancelled) Retired 3 2908/234 Registered 4 2908/235 Registered 5 2908/236 Registered 6 2908/237 Registered 7 2908/238 Registered 8 2908/239 Registered 9 2908/240 Registered 10 2908/241 Registered 11 2908/242 Registered 12 2908/243 Registered 13 2908/244 Registered 14 N/A Registered LANDGATE COPY OF ORIGINAL NOT TO SCALE 14/05/2024 09:58 AM Request number: 66595368 www.landgate.wa.gov.au
Disclaimer.
The agent(s) for themselves and the vendors of the property whose agent(s) they are, give notice that:
(i) The particulars are set out as a general outline only for the guidance of purchasers and do not constitute an offer or contract
(ii) All descriptions, dimensions, references to conditions and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but purchasers should not rely on them as statements or presentations of fact, but must satisfy themselves by inspections or otherwise please as to the correctness of each of them; and a draft Agreement for Sale of Land which is available for inspection at the offices of the Agents
In the event of any inconsistency between this Information Memorandum and the Agreement for Sale of Land, the provisions of the Agreement for Sale of Land shall prevail
(iii) No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatsoever in relation to the property
(iv)The Agents and the vendor, each of their associates and every person involved in the preparation of this Information Memorandum expressly disclaim any liability on any grounds whatsoever for any direct or consequential loss or damage (whether foreseeable or not) which may result from any party acting on or relying upon all or any part of the information contained in the Information Memorandum notwithstanding any negligence, default or lack of care.