Wembley Child Care Centre Development on Track

Progress is moving along at a great pace with the child care centre development in Wembley, Perth, put together by Property Wizards.

The Investment

This a commercial property investment Property Wizards acquired for our buyer’s agency clients. After thorough due diligence, we bought the land and arranged contracts for construction of the centre and leasing to a national blue-chip tenant. By creating the investment from scratch, we ensured a high-quality build and an enhanced return for our client’s long-term investment.

The Development Project

A stunning, double-storey centre of brick construction is being built. It is designed to integrate with the surroundings in the high-quality suburb of Wembley. Construction is due for completion 30 September 2020.

Progress timeline so far

  • Building permit issued  27/3/20
  • Construction started  30/3/20
  • Site works complete  3/4/20
  • Slab down   15/4/20

 

Brickwork is now underway and Codiv-19 restrictions have not hampered progress at all, with contractors sticking to the builder’s required hygiene and safety measures.

Property Wizards is delighted to be associated with a project that’s providing much-needed work for West Australians.

Child Care Centre Property Investments

Child care centre property investments are gaining popularity due to solid returns and long-term leases, underpinned by government support for the sector and increasing demand for the services. Despite Covid-related interruptions to this sector, market participants are confident of a return to normal and continuing growth.

With the cash rate low and unlikely to increase in a hurry, investors are looking elsewhere for yield and this sector could provide a safe and solid alternative. The best quality centres and leases require investments of $3 to 5 million and because there is such variation in quality and risk, thorough due diligence is essential. Property Wizards has acquired a number of child care centres for buyer’s agency clients, both existing centres and those to be constructed from scratch.

Great things are happening in Perth!

 

Demolition complete

Demolition complete

 

 

Slab down

Slab down

 

 

 

Brickwork underway

Brickwork underway

 

Learn More

If you have any questions about the Perth property market, please call us on 08·9381·7450 or enquire here.

To learn more about buying property safely in the current environment, please enquire on our Covid-19 safe buying page.

If you’d like to enquire about finance, call us on 08·9381·7450 or download our Finance Services information.

You will have Australia’s Buyer’s Agent of the Year on your side, using their experience and skills to ensure you get the home you want at the best possible price.

Property Wizards logoEstablished in 2004, Property Wizards works with local, interstate and overseas buyers seeking to buy property in the greater Perth metropolitan area.

If you want to learn more about property investment strategies, or you’d like to clarify your investment strategy and goals, why not request our 4 Strategies Download to get the ball rolling.

Property Wizards believes everyone has the right to the knowledge to help you accumulate wealth, no matter your background, education or income.

We can help you unlock the potential of the real estate market for your family through savvy property selection, and negotiation.

Regardless of market conditions, our research, local knowledge, and access to silent sales means we find the ‘hidden gems’ that can outperform the market in capital growth and rental returns for long term wealth creation. Importantly, we’re able to provide property investors and homebuyers with the same level of representation that property sellers have benefited from for years.

Your property portfolio is your path to financial freedom and the lifestyle you’ve been longing for.

Property Wizards takes away the stress of buying a property and saves you money at the same time. We can show you how, or you can sit back and let us do all the hard work for you. It really depends on the amount of time you’d like to put in.

If you have an interest in building your wealth through property, then call us on (08) 9381-7450, or send us a contact request.

And, if you’re already contemplating how to tackle the property market in Perth, why not download our free Property Investing - A Beginners Guide.

We think you’ll find it invaluable.

FREE Starter Pack

free-starter-pack

With everything you need to get started in property investment, development or home buying. Click here

FREE Perth Property Market Report

FREE Perth Property Market Report

With latest suburb information, growth rates and essential information for property investors and home buyers. Click here

FREE Property Briefings

FREE Property Briefings

Information sessions on the property market, latest strategies, investment and development. Cutting edge information, no sales. Click here

Subscribe

Subscribe

For the latest Hot Properties, Tips, Strategies, Property Market Info. Click here


Awards and Recognitions