CBRE is pleased to offer to the market Expeditions Early Learning Journey, located at 45 Dodson Road, Officer VIC, for sale via Investment Portfolio Auction 182.

A rare opportunity to invest in a premium, architecturally designed early learning centre in one of the country’s highest growth municipalities. The subject property features some of the highest quality finishes and design elements in the market. Exceptional building quality is coupled with a long-term lease to a reputable national provider with 7 locations across QLD and VIC, making this an opportunity not to be missed.

This opportunity has the following key investment highlights:

+ Ten 10-year net lease to Expeditions Early Learning Journey to 2034.
+ Four (4) additional five (5) year options to 2054.
+ Expeditions Early Learning Journey: a national operator with an established and growing network across Victoria and Queensland.
+ Fixed 3% annual rent increases, ensuring consistent rental growth, with market reviews at the commencement of each option term.
+ Tenant pays all usual outgoing,s including single-holding land tax.
+ Purpose-built childcare facility, licensed for 132 long day care places, complemented by 30 on-site car spaces.
+ As new construction (completed in 2024), offering significant depreciation benefits.
+Land rich holding of 2,930sqm* strategically positioned within a strong educational precinct, located only 650 metres from Kumile Primary School and within 2km of five additional schools serving 1,500+ enrolments*.^
+ Strategically located within a well-established and rapidly expanding residential corridor, the centre is surrounded by approximately eight estates comprising 574 homes. Officer itself features 54 land estates, while the neighbouring suburb of Beaconsfield adds a further 11 estates, collectively driving strong and sustained demand for childcare services
+ Positioned within close proximity to major retail hubs, including Arena Shopping Centre, Eden Rise Village and Westfield Fountain Gate, anchored by national retailers such as ALDI, Coles, Chemist Warehouse, McDonald’s and Woolworths.
+ Ideally positioned between Princes Freeway & Highway, two major thoroughfares linking Melbourne’s southeastern suburbs and carrying over 35,000 vehicles daily.^
+ Officer is ranked among one of Australia’s fastest-growing suburbs, with a population forecast to increase by 61% within the next decade.^^
+ Cardinia Shire: Positioned as a gateway to Gippsland and the Morning Peninsula, it has one of the highest population growth rates in Victoria, expected to increase 35.28% by 2041.^^
+ Childcare/Early Education remains an essential service asset class, supported by over $16 billion in Federal and State Government funding for FY25, including $3.6 billion for wages and $1 billion to expand access in underserved areas.
+ Net Income: $501,095 pa* + GST

For Sale by Investment Portfolio Auction
10:30 am AEDT Wednesday 25 February 2025
River Room, Melbourne Crown Casino, VIC

Please contact the exclusively appointed team for more information.

* Approx
^ Gapmaps
^^ Forecast.Id