37 Chancery CrescentWilletton WA 6155
Property Details for 37 Chancery Cres, Willetton
Last Listing description (June 2025)
Sterling Property as Exclusive Selling Agent is pleased to present For Sale 37 Chancery Crescent, Willetton; an outstanding established childcare investment opportunity leased to 'Mint Childcare & Kindy Willetton'.Opportunity Highlights:- Secure 10-year lease to Mint Childcare & Kindy until 2032 with options to extend to 2052- Attractive annual rent increases to higher of CPI or 3.5% (market review at option) - 42-place childcare centre on a 1,127 sqm corner site - Prominent exposure on the corner of South Street and Karel Avenue- Willetton median house price: $1.17 million, reflecting the area's blue-chip status- Strong underlying land value underpinned by Willetton residential market growth - Close proximity to Bull Creek Shopping Centre - 7 primary schools within a 2km radius- Operator with a national footprint of three centres- Net Income: $133,232.45 per annum plus GSTTenant Overview: Mint Childcare & Kindy has built a strong reputation in early childhood education, providing exceptional care and education for local families. With nearly two decades of experience, their commitment to quality has made them a trusted operator in the industry.This rare investment is being offered for sale via Offers Invited, closing on Tuesday 27th May 2025 at 3 PM (AWST) - unless sold prior.To request a copy of the IM or to arrange an inspection, please contact the exclusive selling agents Jake Wallman and Simon Brady of Sterling Property Group.
Property History for 37 Chancery Cres, Willetton, WA 6155
- 07 May 2025Sold for $2,300,000
- 30 Apr 2025Listed for Sale Under Offer
- 03 Oct 2002Sold for $405,000
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0About Willetton 6155
The size of Willetton is approximately 8.7 square kilometres. It has 34 parks covering nearly 10.9% of total area. The population of Willetton in 2016 was 18187 people. By 2021 the population was 19262 showing a population growth of 5.9% in the area during that time. The predominant age group in Willetton is 10-19 years. Households in Willetton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Willetton work in a professional occupation.In 2021, 78.50% of the homes in Willetton were owner-occupied compared with 78.50% in 2016.
Willetton has 7,970 properties. Over the last 5 years, Houses in Willetton have seen a 95.56% increase in median value, while Units have seen a 166.71% increase. As at 30 November 2025:
- The median value for Houses in Willetton is $1,394,071 while the median value for Units is $850,594.
- Houses have a median rent of $800 while Units have a median rent of $715.
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