CBRE is pleased to offer to the market Journey Early Learning located at 271 Thompsons Road, Templestowe Lower (Melbourne) VIC for sale via Investment Portfolio Auction 184.

This opportunity has the following key investment highlights:

+ Twelve (12) year net lease to July 2034
+ Three (3) further ten (10) year options to July 2064
+ Journey Early Learning: leading early education provider, with a network of 42 centres across the eastern seaboard and growing
+ Landlord-favourable fixed 3.25% annual rent increases
+ Tenant pays all usual outgoings as per the lease
+ Established 45 LDC place, purpose-built childcare facility, including 5 on-title car spaces with a history of consistent strong occupancy
+ Prominent corner site situated within a significant schooling precinct with six schools within a 1.5-kilometre radius
+ Strategically positioned on Thompsons Road with 30,000+ vehicles passing daily* and direct access to the Eastern Freeway, offering seamless access to Melbourne’s + CBD and surrounding suburbs^
+ Conveniently located within close proximity to Macedon Square and Westfield Doncaster, anchored by national retailers, including ALDI, Coles, Woolworths and over 350 specialty retailers
+ Templestowe Lower: only 13km* from Melbourne CBD, affluent inner metro suburb home to 14,574 residents and a median house price of $1.35 million^^
+ Childcare/Early Education is an essential service asset class with both Federal & State Government’s allocating over $16 billion in funding for FY25, including $3.6 billion supporting wages and $1 billion to expand access in underserved areas
+ Net Income: $194,576 pa* + GST (as of July 2026)

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 13 May 2026
Garden Room, Melbourne Crown Casino VIC

Please contact the exclusively appointed team for more information.

* Approx
^ Gapmaps
^^ Forecast.id