CBRE is pleased to offer to the market Affinity Education, located at 2 Russell Street, Werribee (Melbourne) VIC, for sale via Investment Portfolio Auction 185.

This opportunity has the following key investment highlights:

+ New Fifteen (15) year net lease to Affinity Education to 2040
+ Two (2) further ten (10) year options to 2060
+ Affinity Education: leading early education provider with over 250 centres across Australia
+ Fixed annual 3.5% rent reviews, ensuring continued income growth
+ Tenant pays all usual outgoings
+ Construction completed in 2023, offering significant depreciation benefits
+ Stunning two-level centre, with service approval for 127 LDC places plus 27 car spaces
+ Strategic 1,972sqm* corner site only 100m* from Corpus Christi School, 300m* from MacKillop Catholic Regional College, 325m* from Werribee Secondary College, and 525m* from Werribee Primary School, with an additional 5 schools within a 3km* radius^
+ Conveniently located only 650m* to Werribee’s major retail and lifestyle amenities, including Werribee Central, Bunnings, Coles, Woolworths, Werribee Train station, and an array of specialty stores^
+ Ideally centrally located with direct access to Werribee’s primary transport routes, benefiting from a combined 125,000+ vehicles passing daily via Duncans Road, Synnot Street, and the Princes Freeway
+ Werribee: located 26km* from the Melbourne CBD and one of Victoria’s fastest growing suburbs with a resident population forecast to grow by over 50% by 2041^^
+ City of Wyndham: home to more than 337,000 residents, the City of Wyndham supports 91,224 jobs and has an annual economic output of $37.867 billion^^
+ 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: $579,810 pa* + GST

For Sale by Investment Portfolio Auction 185
10:30am AEST Wednesday 24 June 2026
Garden Room, Melbourne Crown Casino, VIC

Please contact the exclusively appointed team for more information.

* Approx
^ Gapmaps
^^ Forecast.id