2 Ovens View

Mandogalup WA 6167

Sterling Property is pleased to present the freehold interest in Buttercups Early Learning Mandogalup, located at 2 Ovens View, Mandogalup WA, For Sale by Offers Invited closing Tuesday 4th August 2026.This opportunity represents a secure, long-term childcare investment underpinned by a 15-year lease to Buttercups Early Learning, one of Western Australia's largest privately owned childcare operators, with a modern purpose-built facility positioned within Perth's rapidly expanding southern growth corridor.KEY INVESTMENT HIGHLIGHTS?? Secure 15-year net lease to 2040 with 10-year options to 2070?? Fixed annual rental increases of 3.25%, providing strong built-in income growth?? Purpose-built new 96 place single level childcare facility with depreciation benefits?? Prominent 2,048sqm corner site opposite Apsley Park and Future Primary School ?? Leased to Buttercups Early Learning, one of Western Australia's largest privately owned childcare operators with a network of 20+ centres?? Tenant responsible for all outgoings including Land Tax and management fees?? Within the 1,800-lot Apsley Master Planned Community delivered by Qube Property Group?? Strong residential growth catchment, with Mandogalup recording a median house price of approximately $970,000 and annual growth of 14.4%*?? Strategically located approximately 27km south of the Perth CBD within Perth's high-growth southern corridor?? Close proximity to major employment hubs including the Kwinana Industrial Area and Naval Base?? Positioned to benefit from substantial future investment associated with AUKUS and defence infrastructure projects?? Childcare/Early Education remains a highly sought-after social infrastructure asset class supported by strong population growth and ongoing government investment?? Attractive net passing income of $411,843.60 pa + GST + Outgoings (from 22nd August 2026)*Source: REIWA Suburb ProfileFor further information or to arrange an inspection, please contact the exclusive selling agents at Sterling Property.