58 Reserve Street

Wembley WA 6014

Sterling Property as exclusive agent is pleased to present an exceptional childcare investment opportunity at 58 Reserve Street, Wembley, For Sale via Offers Invited closing Monday 5th May at 3pm AWST (unless sold prior).This purpose-built, single-level childcare centre offers a secure, long-term income stream with a lease to Jellybeans Childcare, part of the ASX-listed G8 Education Limited network.Property Highlights:- Tenant: Jellybeans Childcare (G8 Education Limited)- Secure 7-Year Lease to 2031 with 6 x 5-Year Options to 2061 - 50-Place Single-Level Childcare Centre- Prominent Corner Site with excellent visibility- Wembley Median House Price: $1,750,000- Established Centre in operation since 2009- Land Area: 1,100 sqm with 12 Car Bays- 6 Primary Schools within a 2km radius- 250m to Wembley Primary School- 5km to Perth CBD- Fixed Annual Reviews: 4%- Net Income: $203,251 p.a. plus GST (from May-2025)ASX Listed Tenant: Jellybeans Childcare operates under G8 Education Limited (ASX: GEM), one of Australia's largest early education providers, managing over 400 childcare centres nationwide. With a strong market presence and transparent financial reporting, G8 Education is a reliable long-term tenant.Childcare is a highly sought-after asset class favoured for its defensive characteristics: long term leases, fixed rental increases, strong tenant covenants and underpinned by significant Government funding offering investors secure, long-term returns.To request a copy of the Information Memorandum or to arrange an inspection, please contact the exclusive selling agents Jake Wallman and Simon Brady at Sterling Property.