CBRE is pleased to offer to the market Grow Early Education, located at 11 Ingersole Drive, Kelso (Bathurst) VIC, for sale via Investment Portfolio Auction 185.

This opportunity has the following key investment highlights:

+ Fifteen (15) year net lease to Grow Early Education to September 2035
+ Three (3) further five (5) year options to 2050
+ Grow Early Education: boutique education provider with a network of 14 centres across the eastern seaboard
+ Fixed annual 3% rent increase, ensuring growth
+ Net lease: tenant responsible for 100% of outgoings, including rates, insurance and general repairs and maintenance
+ Construction completed in 2020, offering depreciation benefits
+ Impressive 103 LDC place centre with strong occupancy and waitlist
+ Large 3,649sqm* site positioned with 24 on-title car spaces and favourable “E3 Productivity Support’ zoning
+ Conveniently positioned within a complementary retail/ service precinct, supported by national retailers including Anaconda, Sydney Tools, Snooze, Repco, Supercheap Auto, Office Works, Harvey Norman and KFC
+ Strategically located only 500m* from Ashworth Drive’s new 425-home estate and 3km* from ‘Laffing Waters’ – a key urban release delivering 3,000+ homes ^
+ Bathurst: one of NSW’s fastest-growing regions, servicing a trade catchment of 135,000+ residents^^
+ Childcare/ Early Education: an essential service asset class with both Federal & State Governments allocating over $16 billion in funding for FY25, including $3.6 billion supporting wages and $1 billion to expand access in underserved areas
+ 3-day guarantee for childcare introduced this year, which is expected to boost overall affordability and accessibility for childcare throughout Australia
+ Net Income: $358,215 pa* + GST

For Sale by Investment Portfolio Auction 185
10:30 am AEST Tuesday 23 June 2026
Yallamundi Rooms, Sydney Opera House, NSW

Please contact the exclusively appointed team for more information.

* Approx
^ Gapmaps
^^ Forecast.id