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DESCRIPTION:Long-Established Childcare | ASX Tenant Triple Net Lease to 203
 7\nCBRE is pleased to offer to the market G8 Education\, located at 16 Rob
 ertson Drive (Cnr Jacana St)\, Mornington (Melbourne) VIC\, for sale via I
 nvestment Portfolio Auction 188.\n\nThis opportunity has the following key
  investment highlights:\n\n+ Twenty (20) year triple net lease to G8 Educa
 tion to December 2037\n+ One (1) further ten (10) year option to 2047\n+ G
 8 Education Ltd (ASX: GEM): Australia's largest ASX-listed childcare provi
 der with over 350 locations across Australia and over 8\,000 staff\n+ Trip
 le net lease: tenant pays 100% of outgoings including land tax (multiple h
 olding basis)\, management fees and all structural and capital works\n+ Cu
 rrent rental below market value ($3\,016/place)\, with market review in Ja
 nuary 2028\n+ Annual rent increases to the greater of 3% or CPI\, with rat
 chet provisions at market\, ensuring the rent cannot decrease\n+ Exception
 al 1\,428sqm* corner site only 200m* from Mornington Park Primary School a
 nd directly opposite local specialty stores including Foodworks\n+ Establi
 shed 67 LDC place centre with direct access (200m*) to Nepean Highway with
  exposure to over 30\,000 passing vehicles daily\n+ Strategically located 
 400m* from the Mornington healthcare and medical precinct\, which includes
  several major hospitals\, clinics\, community health centres\, and specia
 lised geriatric\, nursing\, and allied health services\n+ Ideally located 
 only 550m* from Peninsula Homemaker Centre and 750m* from Mornington Centr
 al\, anchored by national retailers including Bunnings\, Coles\, Harvey No
 rman\, KFC\, McDonald's\, Officeworks\, Woolworths\, and a variety of spec
 ialty stores\n+ Mornington: popular seaside south-east Melbourne location 
 with a median house price up over 12% in the last twelve months to $1\,200
 \,000\n+ Mornington Peninsula: home to 176\,389 people\, supporting 62\,31
 1 jobs and an annual economic output of $23.646 billion\n+ Net Income: $20
 2\,104 pa* + GST\n\nGovernment-Underpinned Investment:\nChildcare is an es
 sential service asset class that enjoys bipartisan Federal and State Gover
 nment support. The sector is underpinned by over $16 billion in Federal fu
 nding (FY25/26) to ensure that every child has access to at least three da
 ys per week of subsidised early education and care. The Government has als
 o allocated a further $3.6 billion for educator wage increases\, strengthe
 ning the tenant's operational stability.\n\nFor Sale by Investment Portfol
 io Auction 188\n10:30am AEDT Wednesday 28 October 2026\nCrown Casino\, Mel
 bourne\n\nPlease contact the exclusively appointed team for more informati
 on.\n\n* Approx\n ^ Gapmaps\n ^^ Forecast.id
DTEND:20261028T113000
DTSTAMP:20261001T014145Z
DTSTART:20261028T103000
LOCATION:Crown Casino - Horizon\, L29
SEQUENCE:0
SUMMARY:Auction: 16 Robertson Drive\, Mornington VIC
UID:CRE-2021200863-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Long-Established Childcare | ASX Tena
 nt Triple Net Lease to 2037 <br/> CBRE is pleased to offer to the market G
 8 Education\, located at 16 Robertson Drive (Cnr Jacana St)\, Mornington (
 Melbourne) VIC\, for sale via Investment Portfolio Auction 188. <br/>  <br
 /> This opportunity has the following key investment highlights: <br/>  <b
 r/> + Twenty (20) year triple net lease to G8 Education to December 2037 <
 br/> + One (1) further ten (10) year option to 2047 <br/> + G8 Education L
 td (ASX: GEM): Australia's largest ASX-listed childcare provider with over
  350 locations across Australia and over 8\,000 staff <br/> + Triple net l
 ease: tenant pays 100% of outgoings including land tax (multiple holding b
 asis)\, management fees and all structural and capital works <br/> + Curre
 nt rental below market value ($3\,016/place)\, with market review in Janua
 ry 2028 <br/> + Annual rent increases to the greater of 3% or CPI\, with r
 atchet provisions at market\, ensuring the rent cannot decrease <br/> + Ex
 ceptional 1\,428sqm* corner site only 200m* from Mornington Park Primary S
 chool and directly opposite local specialty stores including Foodworks <br
 /> + Established 67 LDC place centre with direct access (200m*) to Nepean 
 Highway with exposure to over 30\,000 passing vehicles daily <br/> + Strat
 egically located 400m* from the Mornington healthcare and medical precinct
 \, which includes several major hospitals\, clinics\, community health cen
 tres\, and specialised geriatric\, nursing\, and allied health services <b
 r/> + Ideally located only 550m* from Peninsula Homemaker Centre and 750m*
  from Mornington Central\, anchored by national retailers including Bunnin
 gs\, Coles\, Harvey Norman\, KFC\, McDonald's\, Officeworks\, Woolworths\,
  and a variety of specialty stores <br/> + Mornington: popular seaside sou
 th-east Melbourne location with a median house price up over 12% in the la
 st twelve months to $1\,200\,000 <br/> + Mornington Peninsula: home to 176
 \,389 people\, supporting 62\,311 jobs and an annual economic output of $2
 3.646 billion <br/> + Net Income: $202\,104 pa* + GST <br/>  <br/> Governm
 ent-Underpinned Investment: <br/> Childcare is an essential service asset 
 class that enjoys bipartisan Federal and State Government support. The sec
 tor is underpinned by over $16 billion in Federal funding (FY25/26) to ens
 ure that every child has access to at least three days per week of subsidi
 sed early education and care. The Government has also allocated a further 
 $3.6 billion for educator wage increases\, strengthening the tenant's oper
 ational stability. <br/>  <br/> For Sale by Investment Portfolio Auction 1
 88 <br/> 10:30am AEDT Wednesday 28 October 2026 <br/> Crown Casino\, Melbo
 urne <br/>  <br/> Please contact the exclusively appointed team for more i
 nformation. <br/>  <br/> * Approx <br/>  ^ Gapmaps <br/>  ^^ Forecast.id</
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