BLUE CHIP EDUCATION INVESTMENT LEASED TO NATIONALLY RECOGNISED OPERATOR GUARDIAN WITH 100+ CENTRES ACROSS AUSTRALIA
CBRE Australian Healthcare and Social Infrastructure is delighted to offer for sale 138 Hoffmans Road, Essendon. Leased to Guardian Early Learning who own and operate 100+ centres nationwide. Guardian Early Learning is backed by the Partners Group, one of the largest private market investment managers in the world with AUD $140 billion under management.
• Renewed 10 + 10+ 10 year lease to 2050 (commencing 1 July 2020)
• Land area of 1,894sqm* with substantial high-grade purpose built construction of 804sqm* with 22 car spaces
• Current rental of $491,250 per annum** with fixed 3.5% or CPI annual increases, whichever is greater
• Strong underlying land value with Essendon median house price presently $1,460,000*
• Highly trafficked Hoffmans Road location (5,400 cars per day*) with generous street frontage of 40m*
• Strategically located 250m* to Niddrie Central Shopping Centre anchored by Woolworths and the retail, food and lifestyle village of Keilor Road
• Surrounded by high profile primary schools supporting this long standing child care centre; St John Bosco (400m*), Essendon North Primary School (950m*) and Niddrie Primary School (1.5km*)
For further information please contact the exclusive sales and marketing agents:
Josh Twelftree
+61 452 524 985
Jimmy Tat
+61 439 399 118
Marcello Caspani-Muto
+61 417 065 777
Sandro Peluso
+61 418 389 757
* approx
** as at 1 July 2021
Remember to mention you found this property on CommercialReady.com.au
