BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Impressive Two-Level Childcare Investment | New 15-year Net Le ase to 2040 + Options\nCBRE is pleased to offer to the market Affinity Ed ucation\, located at 2 Russell Street\, Werribee (Melbourne) VIC\, for sa le via Investment Portfolio Auction 185.\n\nThis opportunity has the foll owing key investment highlights:\n\n+ New Fifteen (15) year net lease to Affinity Education to 2040\n+ Two (2) further ten (10) year options to 20 60\n+ Affinity Education: leading early education provider with over 250 centres across Australia\n+ Fixed annual 3.5% rent reviews\, ensuring con tinued income growth\n+ Tenant pays all usual outgoings\n+ Construction c ompleted in 2023\, offering significant depreciation benefits\n+ Stunning two-level centre\, with service approval for 127 LDC places plus 27 car spaces \n+ Strategic 1\,972sqm* corner site only 100m* from Corpus Christ i School\, 300m* from MacKillop Catholic Regional College\, 325m* from We rribee Secondary College\, and 525m* from Werribee Primary School\, with an additional 5 schools within a 3km* radius^\n+ Conveniently located onl y 650m* to Werribee's major retail and lifestyle amenities\, including We rribee Central\, Bunnings\, Coles\, Woolworths\, Werribee Train station\, and an array of specialty stores^\n+ Ideally centrally located with dire ct access to Werribee's primary transport routes\, benefiting from a comb ined 125\,000+ vehicles passing daily via Duncans Road\, Synnot Street\, and the Princes Freeway\n+ Werribee: located 26km* from the Melbourne CBD and one of Victoria's fastest growing suburbs with a resident population forecast to grow by over 50% by 2041^^\n+ City of Wyndham: home to more than 337\,000 residents\, the City of Wyndham supports 91\,224 jobs and h as an annual economic output of $37.867 billion^^\n+ Childcare/ Early Edu cation: an essential service asset class with both Federal & State Govern ments allocating over $16 billion in funding for FY25\, including $3.6 bi llion supporting wages and $1 billion to expand access in underserved are as\n+ 3-day guarantee for childcare introduced this year\, which is expec ted to boost overall affordability and accessibility for childcare throug hout Australia\n+ Net Income: $579\,810 pa* + GST\n\nFor Sale by Investme nt Portfolio Auction 185\n10:30am AEST Wednesday 24 June 2026\nGarden Roo m\, Melbourne Crown Casino\, VIC\n\nPlease contact the exclusively appoin ted team for more information.\n\n* Approx\n^ Gapmaps\n^^ Forecast.id DTEND:20260624T113000 DTSTAMP:20260518T124125Z DTSTART:20260624T103000 LOCATION:Crown Casino - Melbourne SEQUENCE:0 SUMMARY:Auction: 2 Russell Street\, Werribee VIC UID:CRE-2020850516-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Impressive Two-Level Childcare Inve stment | New 15-year Net Lease to 2040 + Options
CBRE is pleased to offer to the market Affinity Education\, located at 2 Russell Street\, W erribee (Melbourne) VIC\, for sale via Investment Portfolio Auction 185.

This opportunity has the following key investment highlights :

+ New Fifteen (15) year net lease to Affinity Education to 2040
+ Two (2) further ten (10) year options to 2060
+ Affin ity Education: leading early education provider with over 250 centres acr oss Australia
+ Fixed annual 3.5% rent reviews\, ensuring continued income growth
+ Tenant pays all usual outgoings
+ Constructi on completed in 2023\, offering significant depreciation benefits
+ Stunning two-level centre\, with service approval for 127 LDC places plu s 27 car spaces
+ Strategic 1\,972sqm* corner site only 100m* from Corpus Christi School\, 300m* from MacKillop Catholic Regional College\, 325m* from Werribee Secondary College\, and 525m* from Werribee Primary School\, with an additional 5 schools within a 3km* radius^
+ Conve niently located only 650m* to Werribee's major retail and lifestyle ameni ties\, including Werribee Central\, Bunnings\, Coles\, Woolworths\, Werri bee Train station\, and an array of specialty stores^
+ Ideally cen trally located with direct access to Werribee's primary transport routes\ , benefiting from a combined 125\,000+ vehicles passing daily via Duncans Road\, Synnot Street\, and the Princes Freeway
+ Werribee: located 26km* from the Melbourne CBD and one of Victoria's fastest growing subur bs with a resident population forecast to grow by over 50% by 2041^^
+ City of Wyndham: home to more than 337\,000 residents\, the City of W yndham supports 91\,224 jobs and has an annual economic output of $37.867 billion^^
+ Childcare/ Early Education: an essential service asset class with both Federal & State Governments allocating over $16 billion in funding for FY25\, including $3.6 billion supporting wages and $1 bill ion to expand access in underserved areas
+ 3-day guarantee for chi ldcare introduced this year\, which is expected to boost overall affordab ility and accessibility for childcare throughout Australia
+ Net In come: $579\,810 pa* + GST

For Sale by Investment Portfolio A uction 185
10:30am AEST Wednesday 24 June 2026
Garden Room\, Melbourne Crown Casino\, VIC

Please contact the exclusively appointed team for more information.

* Approx
^ Gapmap s
^^ Forecast.id

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