Metro Bayside Childcare | 10 Year Net Lease to ASX-Listed Tenant
Description
CBRE from CBRE is pleased to offer to the market World of Learning (G8 Education), located at 31 Woodbine Grove, Chelsea VIC 3196, for sale via Investment Portfolio Auction 179.
This opportunity has the following key investment highlights:
+ Renewed ten (10) year net lease to G8 Education to 2034
+ One (1) further ten (10) year option to 2044.
+ G8 Education Ltd (ASX: GEM): Australia’s largest ASX-listed childcare provider, educating more than 40,000 children daily across 400+ locations.
+ Attractive CPI + 2% annual increases, with market reviews at year five and at the commencement of each option, supported by ratchet provisions ensuring rent cannot decrease.
+ Tenant pays all outgoings, including single holding land tax.
+ Purpose-built 50 LDC place centre, with a history of strong occupancy
+ Strategic 803sqm* site only 140m* from Chelsea Primary School and 250m* from St Joseph’s School, with an additional six schools within a 3km* radius, combining to service 3,500+ enrolments*.^
+ Conveniently located only 400m* from major retail and lifestyle amenity, including Chelsea Beach and Retail Precinct, Train Station and Lakeview Shopping Centre, anchored by national retailers, including Coles, Dan Murphy’s, Kmart, KFC, McDonald’s and Woolworths.
+ Strategically positioned within close proximity to Mornington Peninsula Fwy and Nepean Hwy, both major arterial routes providing seamless connectivity for commuters between Melbourne and south-eastern suburbs, with over 60,000 vehicles passing daily*.^
+ Chelsea: popular family-friendly bayside suburb, located only 30km* from the Melbourne CBD.
+ Childcare/ Early Education is an essential service asset class with both Federal and State Government’s allocating over $16 billion in funding for FY25, including $3.6 billion supporting wages and $1 billion to expand access in undersupplied areas.
+ Net Income: $236,214 pa* + GST
For Sale by Investment Portfolio Auction
10:30 am AEST Tuesday 16 September 2025
Garden Room, Melbourne Crown Casino, VIC
Please contact the exclusively appointed team for more information.
* Approx
^ Gapmaps
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Contact agents
Adam Thomas Senior Director
0418 998 971
Natalie Couper Senior Director
0413 856 983Enquiry Form
Chelsea, VIC
31 Woodbine Grove
- Sold Price: Contact Agent
This property was sold as part of Portfolio 179
Contact agents
-
Adam Thomas Senior Director
0418 998 971 -
Natalie Couper Senior Director
0413 856 983