356-358 Warrigal Road Ashburton VIC 3147

CBRE Victorian Health, Aged and Child Care are pleased to offer for sale 356-358 Warrigal Road, Ashburton, via the CBRE Premium Portfolio Auction, Thursday 26th October from 6pm. This is 1 of 4 childcare investments in a portfolio being offered separately.

- Brand new state of the art purpose built childcare investment

- Leased to Niño Early Learning Adventures with strong Melbourne network of 13 trading and forthcoming centres

- High quality boutique family operator & childcare developer / builder of 20+ years experience

- New 20 year lease with 10 year option plus 3% annual increases and 6 month bank guarantee

- Income: $603,000 pa* + GST & Out's

- Permit: Childcare centre for 134 children

- Land area: 1,683sqm*

- Building area: 932sqm*

- Status: Under construction - Scheduled opening mid 2018

- Affluent 'inner suburban location' with high disposable income - $2,754 vs $1,715^** per week

- Undervalued asset class experiencing exceptional demand due to Melbourne's booming population growth

- Investment sector supported by $37billion investment by Federal Government over the next 4 years & subsidies for childcare centre parents

- Attractive depreciation benefits

- Strategic catchment location

*approx.
** Victorian average
^ Source: populationid.com.au

Scott Orchard
+61 425 760 712

Josh Twelftree
+61 452 524 985

Sandro Peluso
+61 418 389 757

Kinson Wong
+61 450 712 341