162 Elevation Boulevard Craigieburn VIC 3064

CBRE Australian Healthcare and Social Infrastructure is delighted to offer for sale 162 Elevation Boulevard, Craigieburn. Premium freestanding education investment on a substantial corner landholding of 1,797sqm* with exposure to Elevation and Vantage Boulevards.

OVERVIEW

+ Brand new and architecturally designed centre forecast for completion in February 2022 constructed by Ruber Group with a 62 year history and 20+ centres built

+ Leased to Niño Early Learning Adventures (20 centres operational and in development) with a permit for 114 places

+ Annual income of $450,300 pa*+ GST and outgoings plus a 6-month bank guarantee

+ 20 year lease to 2042 with (2) two further (10) ten year options to 2062

+ Strategic 1,797sqm* corner site, zoned Urban Growth with twenty-two (22) on-site car spaces

LOCATION

+ Brand new centre at the heart of dense surrounding residential and community amenity

+ Strategically selected location with the Nino brand operating multiple successful centres within the municipality and its surrounds generating immediate demand while optimising staffing efficiencies

+ High price growth location with Craigieburn now an established suburb with median house price growth of 145% since 2015

+ Significant surrounding residential estates and communities under construction or recently completed, contributing to the gradual gentrification of the area with developers including Stockland, Burbank Homes, Porter Davis and others.

EXPRESSIONS OF INTEREST NOW CLOSED - Under Exclusive Due Diligence

For further information on this opportunity or the entire portfolio of premium assets, please contact the exclusive selling agents:

Sandro Peluso
+61 418 389 757

Jimmy Tat
+61 439 399 118

Marcello Caspani-Muto
+61 417 065 777

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