64-68 Stubbs St Kensington VIC 3031

CBRE Healthcare and Social Infrastructure are pleased to offer for sale this premium commercial investment. Located within the Arden and Macaulay precinct, an area slated for urban renewal by the government, accommodating for significant residential and employment growth over the next 30 years.

Features of 64-68 Stubbs Street, Kensington include:

+ New 15 year lease to Kids Club Early Childhood Learning to 2034

+ Net income of $450,000 pa* + GST with fixed 3.25% annual rental increases

+ Substantial 1,451sqm* commercial building licensed for 92 child care places

+ Corner landholding of 821sqm* with highly favourable Mixed Use Zoning

+ Kids Club Early Learning Centres are well recognised in Sydney and Canberra (8 centers) for their Education for Life Program and for having some of the most creative play spaces in Australia. The group are proud to finally bring their Six-Star Early Education experience to Melbourne with Kensington and Melbourne CBD Collins Street centres.

64-68 Stubbs Street, Kensington is being sold via public on-site auction on Thursday 21st November at 2.30pm

For information please contact the exclusive sales and marketing agents:

Josh Twelftree
+61 452 524 985

Sandro Peluso
+61 418 389 757

Jimmy Tat
+61 439 399 118

Marcello Caspani-Muto
+61 417 065 777

*approx