Archives: Properties

CBRE is pleased to offer to the market, 23-25 O’Neills Road, Melton VIC for sale via our Investment Portfolio Auction 160.

This opportunity has the following key investment highlights:

+ Brand new 20 year net lease to Story House to 2043.
+ Three further 5 year options to 2058.
+ Story House: leading early childhood education provider, with a network of 50 centres across the eastern seaboard.
+ Annual fixed 3% rent increases.
+ Tenant pays all outgoings including land tax.
+ State-of-the-art childcare centre licenced for 88 LDC places.
+ Brand new construction offering significant depreciation benefits.
+ Large 1,749sqm corner site with frontages to Oldershaw Rd and O’Neills Rd, located 150 metres from ALDI, 890 metres from the Woolworths-anchored Coburns Central, and 1 kilometre from Woodgrove Shopping Centre, a 54,000sqm shopping centre underpinned by Kmart, Big W, Woolworths, ALDI, Coles & 180 specialty retailers.
+ Convenient central location amongst a significant schooling precinct in the heart of one of Melbourne’s fastest growing municipalities – 17 schools within a 3 kilometre radius that combine to service over 12,740 full-time students.
+ City of Melton: high growth location home to 209,145 people, with this figure anticipated to increase to 416,106 by 2051, an increase of 98.96%.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding in 2022, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year^.
+ Net Income: $304,832 pa* + GST.

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 10 May 2023
Crown Casino, Melbourne

*Approx.
^Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).

CBRE is pleased to offer to the market, 310-312 Springvale Road, Forest Hill VIC for sale via our Investment Portfolio Auction 160.

This opportunity has the following key investment highlights:

+ Secure 15 year net lease to Montessori Academy to 2036.
+ Two further 10 year options to 2056.
+ Montessori Academy: long-standing and successful business with a network of 40+ childcare centres across Australia and China.
+ Annual fixed 3% rent increases.
+ Tenant pays all usual outgoings.
+ Impressive childcare centre licenced for 96 LDC places.
+ As new construction offering significant depreciation benefits.
+ Significant 1,390sqm landholding fronting Springvale Road, a key activity precinct servicing many local businesses and providing a north to south connection from Doncaster East to Edithvale, whilst providing exposure to 53,000+ passing vehicles daily.
+ Situated amongst significant educational precinct – 10 schools within 2 kilometre radius.
+ Conveniently located 580 metres from Forest Hill Chase, a three-level major regional shopping centre anchored by Coles, Woolworths, Big W, Target, ALDI, HOYTS and AMF Bowling, and supported by 131 specialty retailers. The site is also within close proximity from the Harvey Norman-anchored Nunawading Home HQ, and Brentford Square Shopping Centre, underpinned by Woolworths.
+ City of Whitehorse: popular family-oriented municipality home to 180,340 residents, forecast to increase over 23% by 2041.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding in 2022, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year^.
+ Net Income: $350,762 pa* + GST.

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 10 May 2023
Crown Casino, Melbourne

*Approx.
^Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).

Burgess Rawson is pleased to offer to the market Mayfield Early Learning Centre located at 7-11 Cairns Road, Gordonvale (Cairns) QLD for sale via our Investment Portfolio Auction 160.

This opportunity has the following key investment highlights:

+ New fifteen (15) year triple net lease to Mayfield Childcare to 2038
+ Two (2) further ten (10) year options to 2058
+ Mayfield Childcare (ASX: MFD): ASX listed early education provider educating 3,000+ children per day across 35 centres nationally^
+ Fixed 3% annual rent increases.
+ Tenant pays 100% of outgoings including: all maintenance (capex & structural), rates, insurances, land tax and management fees
+ Strong trading 75 LDC place centre recently acquired by Mayfield Childcare
+ Strategic 2,024sqm* site 100 meters* from both Gordonvale Hospital and Gordonvale State School
+ Triple street frontage amongst an established residential and commercial precinct with close proximity to the Bruce Highway
+ Cairns: Australia’s 5th largest regional city with a residential population of 168,449 and a GRP of $10.33 billion^^
+ Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding – in 2022, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year^^^
+ Net Income: $262,500 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 11 May 2023
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson childcare team for more information.

*Approx.
^ Mayfield Childcare Limited
^^ Economy.id
^^^ Mitchell Institute, Australian Investment in Education

CBRE is pleased to offer to the market, 56 Victoria Street, St James (Perth) WA, for sale via our Investment Portfolio Auction 160.

+Renewed Five (5) year lease to HQ Children’s House of Learning to 2028
+Four (4) further five (5) year options to 2048
+HQ Children’s House of Learning: Long established and successful centre in operation since 1994
+Annual rent increases to the greater of CPI or 3%
+Favourable net lease terms with the tenant paying all outgoings including land tax, rates, insurances and management fees
+Well-maintained childcare centre licensed for 28 LDC places
+Strategically positioned 1,028sqm* site within ease of access of the Albany Highway, a major thoroughfare with 37,000+ passing vehicles daily*
+Situated within a significant education precinct -17 schools within a 3.5km radius including 500m* from Santa Clara Primary School (175+ enrolments).
+Conveniently located 650 metres from Woolworths anchored Bentley Shopping Centre and within close proximity of Westfield Carousel Shopping Centre, Waterford Plaza & Victoria Park Shopping Centre underpinned by national retailers including Myer, Woolworths, Coles, Supa IGA, Kmart and other specialty stores
+Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding in 2022, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year^.
+St James: highly desirable and centrally located family-oriented suburb, located only 7 kilometres from the Perth CBD
+Net Income: $55,000 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 10 May 2023
Crown Casino, Melbourne

*Approx.
^Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).