CBRE Victorian Health, Aged and Child Care & Victorian Retail Investments are pleased to offer for sale 11-15 Chadstone Road, Malvern East, via the CBRE Premium Portfolio Auction, Thursday 31st August from 6pm. This is 1 of 4 childcare investments in a portfolio being offered separately.
- Brand new state of the art purpose built childcare investment
- High quality boutique family operator & childcare developer / builder of 20+ year experience
- Nino Early Learning Adventures with strong Melbourne network of 13 trading and forthcoming centres
- New 20 year lease with 10 year option, plus 3% annual increases and 6 month bank guarantee
- Income: $711,000 pa* + GST
- Permit: Childcare centre for 158 children
- Land area/zoning: 1,977sqm* / Public use zone PUZ4
- Building area: 1,302sqm*
- Status: Under construction - scheduled opening April 2018
- Undervalued asset class experiencing exceptional demand due to Melbourne's booming population growth
- Investment sector supported by $37billion investment by Federal Government over the next 4 years & subsidies for childcare centre parents
- Attractive depreciation benefits
- Strategic catchment location
*approx.
Open for Inspection to be held at Nino Preston, 365 Bell Street, Preston on Tuesday 29th August at 4pm.
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Jing Jun Heng
+61 411 059 116
jj.heng@cbre.com.au
David Minty
+61 422 564 199
david.minty@cbre.com.au
