27 Livingstone Street Ivanhoe VIC 3079

CBRE Australian Healthcare and Social Infrastructure is delighted to offer for sale 27 Livingstone Street, Ivanhoe. A premium freestanding education investment on a substantial corner landholding of 1,015sqm* with generous street frontage totalling 63m*.

OVERVIEW

+ Brand new and architecturally designed centre forecast for completion in February 2022 and constructed by Ruber Group with a 62 year history and 20+ centres built

+ Leased to Niño Early Learning Adventures (20 centres operational and in development) with a permit for 113 places

+ Annual income of $627,000 pa*+ GST and outgoings, plus 6-month bank guarantee

+ 20 year lease to 2042 with two (2) further ten (10) year options to 2062

+ Strategic 1,015 sqm* corner site, zoned General Residential with twenty-four (24) on-site car spaces

LOCATION

+ One of Victoria's most desirable postcodes, Ivanhoe is borded by suburbs including Eaglemont and Kew, and is less than 10km* from the Melbourne CBD

+ Substantial historical median house price growth with Ivanhoe seeing a price increase of 49% in the past 5 years alone

+ Exceptional location in the heart of Ivanhoe, one of Victoria's most sought-after suburbs, featuring a median house price of $1,940,000**

+ Moments from Ivanhoe Plaza (100m*) comprising a Coles supermarket, plus Upper Heidelberg Road retail precinct (250m*) providing excellent dining and shopping amenity

+ Quality education providers nearby; Ivanhoe Grammar School, Ivanhoe Girls' Grammar & Ivanhoe Primary School within 1km*

+ Surrounded by beautiful parks, reserves and golf courses including Darebin Parklands (400m*) and Ivanhoe Golf Course (1.5km*)

EXPRESSIONS OF INTEREST NOW CLOSED - Under Exclusive Due Diligence

For further information on this opportunity or the entire portfolio of premium assets, please contact the exclusive selling agents:

Sandro Peluso
+61 418 389 757

Jimmy Tat
+61 439 399 118

Marcello Caspani-Muto
+61 417 065 777

approx*