Flagship High-Exposure Early Learning Investment – Opposite Woolworths & Major Retail + Public Transport Hub
CBRE Australian Healthcare & Social Infrastructure are pleased to exclusively present 355 High Street, Thomastown (Cnr Hurtle Street), a brand new, premium childcare investment fully leased to leading national early education provider, Eden Academy (62+ Locations).
Positioned on a high-exposure corner directly opposite Woolworths Supermarket and a major retail strip, the property benefits from significant daily foot traffic, excellent visibility and seamless access to public transport (moments from Thomastown and Lalor Train Stations).
The asset is underpinned by a net income of $510,880 per annum + Outgoings and GST, with fixed annual 3% increases providing reliable, compounding income growth.
Purpose-built to the highest standards, the centre features multiple learning rooms and high-quality, design-led interiors and solar panels and significant depreciation benefits.
Further enhancing success prospects, the location is underpinned by strong childcare sector fundamentals, including a favourable demand ratio of 3.54 and limited competition, with only two centres servicing the immediate catchment.
Overview:
+ 15 + 10 + 10-year lease, providing a total lease term of 35 years up to 2060
+ Leased to Eden Academy, a national childcare operator, on a long-term lease structure providing excellent income security and certainty
+ Two-storey purpose-built childcare facility accommodating up to 124 children across 8 spacious activity rooms
+ Annual income of $510,880 pa*+ GST and outgoings complemented by 3% fixed annual rental increases providing exciting income growth prospects
+ Strong childcare demand ratio of 3.54, indicating a material undersupply of childcare places within the catchment
+ Prominent corner landholding of 1,792sqm* with 40.54m* frontage to Hurtle Road and 39.93m* frontage to High Street
+ 28 on-site car parking spaces (including 1 disabled space), plus bicycle parking and end-of-trip facilities for staff
+ Generous combined indoor/outdoor play areas totaling 1,949sqm*
Location:
+ Prime position opposite Woolworths in a dominant retail precinct with strong daily foot traffic
+ Close to The Northern Hospital (~3–4km) and surrounded by established schools including Thomastown Primary, St Luke's, Thomastown Secondary College, St John XXIII and Lalor East Primary
+ Just 17km north of Melbourne CBD, walking distance to Thomastown Train Station, and well connected via the M80 Ring Road and Edgars Road
+ Strong long-term demand drivers: Preston Central population set to grow from ~6,682 to over 17,172 by 2041, while the City of Whittlesea is forecast to grow over 50% by 2041
To be sold via international expressions of interest closing on Thursday 20th August 2026 at 2.00pm (AEST)
For further information, please contact the exclusive sales and marketing agents:
Jimmy Tat
+61 439 399 118
Sandro Peluso
0418 389 757
Marcello Caspani-Muto
+61 417 065 777
approx*
Remember to mention you found this property on CommercialReady
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