CBRE Victorian Health, Aged and Child Care are pleased to offer for sale 356-358 Warrigal Road, Ashburton, via the CBRE Premium Portfolio Auction, Thursday 26th October 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
- Leased to Niño Early Learning Adventures with strong Melbourne network of 13 trading and forthcoming centres
- High quality boutique family operator & childcare developer / builder of 20+ years experience
- New 20 year lease with 10 year option plus 3% annual increases and 6 month bank guarantee
- Income: $603,000 pa* + GST & Out's
- Permit: Childcare centre for 134 children
- Land area: 1,683sqm*
- Building area: 932sqm*
- Status: Under construction - Scheduled opening mid 2018
- Affluent 'inner suburban location' with high disposable income - $2,754 vs $1,715^** per week
- 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.
** Victorian average
^ Source: populationid.com.au
Scott Orchard
+61 425 760 712
Josh Twelftree
+61 452 524 985
Sandro Peluso
+61 418 389 757
Kinson Wong
+61 450 712 341