Burgess Rawson from CBRE is pleased to offer to the market Eden Academy, located at 11 Aspect Drive, Doreen VIC , for sale via Investment Portfolio Auction 178.
This opportunity has the following key investment highlights:
+ Twenty (20) year net lease to June 2045.
+ Two (2) further ten (10) year options to June 2065.
+ Eden Academy: industry leading early education provider with a network of over 50 centres nationally.
+ Fixed 3% annual rent increases, ensuring rental growth.
+ Tenant pays all usual outgoings, including single holding land tax.
+ Expansive 1,760sqm* facility licensed for 120 LDC places with 34 on-site car spaces.
+ Substantial 4,347sqm* corner landholding with triple street frontage site opposite Ivanhoe Grammar School and a further three schools within 900metres* servicing 3,000+ annual student enrolments.(1)
+ Conveniently located within close proximity to Mernda's major retail and lifestyle amenities, including Mernda Town Centre, underpinned by Bunnings, Coles, Woolworths, Mernda train station and an array of specialty stores.
+ Strategically positioned fronting Bridge Inn Road with exposure to over 11,000 vehicles daily and immediate connectivity to Plenty Road, a major arterial with more than 36,000 vehicles passing daily.(1)
+ Doreen: a booming growth corridor in Melbourne north, a highly-sought after family friendly location located only 23km from the CBD.
+ City of Whittlesea: One of the fastest growing municipalities in Australia, with a population forecast to grow 56.27% by 2041.(2)
+ Childcare/Early Education is an essential service asset class with both Federal & State Government's allocating over $16 billion in funding for FY25, including $3.6 billion supporting wages and $1 billion to expand access in underserved areas.
+ Net Income: $504,000 pa* + GST
For Sale by Investment Portfolio Auction
10:30 am AEST Wednesday 6 August 2025
Garden Room, Melbourne Crown Casino, VIC
Please contact the exclusively appointed team for more information.
* Approx
1 Gapmaps
2 Forecast.id