135 Kingsley Drive

Kingsley WA 6026

Sterling Property is pleased to offer to the market the freehold interest in 'Goodstart Kingsley' located at 135 Kingsley Drive, Kingsley WA,The opportunity has the following key investment highlights- Secure 20-year Lease to 2040 with options to 2060- Built in growth via 3% annual rent reviews- Purpose built Childcare centre Licensed for 45-places- Leased to Australia's largest provider, Goodstart Early Learning, with 677 locations across all states and territories - Rare Triple Net Lease structure; tenant pays all outgoings including Structural Repairs & Maintenance- 1,360sqm site with significant underlying land value and future subdivision potential- Kingsley is established residential suburb situated 17km from the CBD with a median house price of approx 1.17 million*- Located within education precinct with 8-primary schools within a 2km radius- Strong nearby commercial amenity with Kingsley Village Shopping Centre, Woolworths Woodvale & IGA Greenwood all within a 2km radius- Existing demand for Childcare services within the suburb of Kingsley, with 3.1 children aged 0-5 per licensed place**- High exposure site with approx 11,088 daily average passing traffic numbers***- Easily accessible via major transport routes Whitfords Avenue, Hepburn Avenue and Mitchell Freeway- Currently under rented in today's market, with reversionary rental upside via market review in 2030- Building has recently undergone refurbishment works to outdoor yard and external painting- Childcare/Early Education is an essential service asset class with both the Federal and State Governments allocating over $16 billion in funding for FY25, including $3.6 billion to support wages and $1 billion to expand access in underserved areas- 3-day guarantee for childcare introduced 5th January 2026, expected to boost overall affordability and accessibility for childcare throughout Australia- Net passing income: $104,216 plus GST plus outgoingsTo discuss your interest, please contact the exclusive selling agents Sterling Property. *REIWA Suburb profile**Gap Maps data***Main Roads traffic data 2024/25