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138 Hoffmans Road
Essendon VIC 3040
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Sold on 9 Dec 2020

138 Hoffmans Road Essendon VIC 3040

  • Medical / Consulting
  • 804 m²
  • Sold

BLUE CHIP EDUCATION INVESTMENT LEASED TO NATIONALLY RECOGNISED OPERATOR GUARDIAN WITH 100+ CENTRES ACROSS AUSTRALIA

CBRE Australian Healthcare and Social Infrastructure is delighted to offer for sale 138 Hoffmans Road, Essendon. Leased to Guardian Early Learning who own and operate 100+ centres nationwide. Guardian Early Learning is backed by the Partners Group, one of the largest private market investment managers in the world with AUD $140 billion under management.

Renewed 10 + 10+ 10 year lease to 2050 (commencing 1 July 2020)

Land area of 1,894sqm* with substantial high-grade purpose built construction of 804sqm* with 22 car spaces

Current rental of $491,250 per annum** with fixed 3.5% or CPI annual increases, whichever is greater

Strong underlying land value with Essendon median house price presently $1,460,000*

Highly trafficked Hoffmans Road location (5,400 cars per day*) with generous street frontage of 40m*

Strategically located 250m* to Niddrie Central Shopping Centre anchored by Woolworths and the retail, food and lifestyle village of Keilor Road

Surrounded by high profile primary schools supporting this long standing child care centre; St John Bosco (400m*), Essendon North Primary School (950m*) and Niddrie Primary School (1.5km*)

For further information please contact the exclusive sales and marketing agents:

Josh Twelftree
+61 452 524 985

Jimmy Tat
+61 439 399 118

Marcello Caspani-Muto
+61 417 065 777

Sandro Peluso
+61 418 389 757

* approx

** as at 1 July 2021

CBRE
CBRE
Level 34,
Melbourne, VIC 3000

Property Highlights

Date Sold9 Dec 2020
Floor Area804 m²
Land Area1,894 m²
Parking22 x Onsite parkings
Property ID2017232117
Category
Last updated  3 Sep 2021
Map for 138 Hoffmans Road Essendon VIC 3040

Nearest transport* to 138 Hoffmans Road Essendon VIC 3040

Bus
Train
Tram
Carrington Rd/Hoffmans Rd (Niddrie)150 m
Gibson Ct/Hoffmans Rd (Niddrie)167 m
Gibson Ct/Hoffmans Rd (Niddrie)174 m
Carrington Rd/Hoffmans Rd (Niddrie)215 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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CBRE
CBRE
Level 34,
Melbourne, VIC 3000

Property Highlights

Date Sold9 Dec 2020
Floor Area804 m²
Land Area1,894 m²
Parking22 x Onsite parkings
Property ID2017232117
Category
Last updated  3 Sep 2021

Listed by

More about 138 Hoffmans Road Essendon VIC 3040

138 Hoffmans Road Essendon VIC 3040 is categorized as Medical & Consulting Property. It has a floor area of 804 m² and a land area of 1,894 m². There are 22 x onsite parkings.The listing ID for this property is 2017232117.

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