CBRE is pleased to offer to the market G8 Education, located at 16 Robertson Drive (Cnr Jacana St), Mornington (Melbourne) VIC, for sale via Investment Portfolio Auction 188.

This opportunity has the following key investment highlights:

+ Twenty (20) year triple net lease to G8 Education to December 2037
+ One (1) further ten (10) year option to 2047
+ G8 Education Ltd (ASX: GEM): Australia’s largest ASX-listed childcare provider with over 350 locations across Australia and over 8,000 staff
+ Triple net lease: tenant pays 100% of outgoings including land tax (multiple holding basis), management fees and all structural and capital works
+ Current rental below market value ($3,016/place), with market review in January 2028
+ Annual rent increases to the greater of 3% or CPI, with ratchet provisions at market, ensuring the rent cannot decrease
+ Exceptional 1,428sqm* corner site only 200m* from Mornington Park Primary School and directly opposite local specialty stores including Foodworks
+ Established 67 LDC place centre with direct access (200m*) to Nepean Highway with exposure to over 30,000 passing vehicles daily
+ Strategically located 400m* from the Mornington healthcare and medical precinct, which includes several major hospitals, clinics, community health centres, and specialised geriatric, nursing, and allied health services
+ Ideally located only 550m* from Peninsula Homemaker Centre and 750m* from Mornington Central, anchored by national retailers including Bunnings, Coles, Harvey Norman, KFC, McDonald’s, Officeworks, Woolworths, and a variety of specialty stores
+ Mornington: popular seaside south-east Melbourne location with a median house price up over 12% in the last twelve months to $1,200,000
+ Mornington Peninsula: home to 176,389 people, supporting 62,311 jobs and an annual economic output of $23.646 billion
+ Net Income: $202,104 pa* + GST

Government-Underpinned Investment:
Childcare is an essential service asset class that enjoys bipartisan Federal and State Government support. The sector is underpinned by over $16 billion in Federal funding (FY25/26) to ensure that every child has access to at least three days per week of subsidised early education and care. The Government has also allocated a further $3.6 billion for educator wage increases, strengthening the tenant’s operational stability.

For Sale by Investment Portfolio Auction 188
10:30am AEDT Wednesday 28 October 2026
Crown Casino, Melbourne

Please contact the exclusively appointed team for more information.

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