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2. Property Highlights

15 YEAR EDUCATION INVESTMENT IN HIGH GROWTH AREA WITH NEAR 100% OCCUPANCY
  • Returning $407,780+ outgoings & GST
  • 15+10+10 Year Lease To 2055
  • Substantial depreciation benefits
CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 80 Homebush Drive, Tarneit for sale. An architecturally designed, childcare centre leased to one of the country’s highest quality private childcare providers.

Constructed with uncompromising standards amidst a back drop of rising development costs the subject property offers investors a stable long-term income stream with a backdrop of significantly reduced early learning investment supply forecast in the years to come.

Part of the Elite Early Education Collection comprising ten (10) premium childcare investments offered individually or in one-line

+15-year lease to 2035 with (2) two further (10) ten-year options to 2055

+Annual income of $407,780* + Outgoings & GST with fixed annual increases

+Explorers Early Learning – Highly respected, leading private childcare provider specialising in the Victorian market with 22 centres in operation and further across their development pipeline

+Corner landholding of 2,305sqm* with notable exposure across two frontages

+Architecturally designed improvements of 2,093sqm*, with construction completed in late 2019

Location

+Wyndham City: One of Australia’s largest growth areas with forecast growth of 82% to 512,591 residents by 2041


+Eight schools located within the subject property's immediate catchment including - Tarneit P-9 College, St John the Apostle School, Tarneit Senior College, St Francis of Assisi Catholic , Tarneit Rise Primary School, Davis Creek Primary School, Baden Powell College and Karwan Primary School

+Situated within close proximity to local amenities with Tarneit train station, Wyndham Village Shopping Centre, Coles Tarneit West and Riverdale Village Shopping Centre all within 4km* of the property

OPEN FOR INSPECTIONS (By Appointment):

+Tuesday 18th April at 10:00am (On-site)
+Thursday 27th April at 9:30am (Investor Seminar - Held at CBRE’s Office – Level 34, 8 Exhibition Street, Melbourne)
+Tuesday 2nd May at 10:00am (On-site)
+Monday 8th May at 10:00am (On-site)

For Sale Via International Expressions of Interest Closing Tuesday 9th May 2023 at 2pm (AEST)

For more information please contact CBRE’s National Healthcare & Social Infrastructure team below;

Sandro Peluso
0418 389 757

Jimmy Tat
0439 399 118

Marcello Caspani-Muto
0417 065 777

NOI is based on FY23 Vendor Outgoings Budget. Prospective purchasers should make their own enquiries. Figure is net of land tax & land tax is not recoverable. NOI is as at 31 March 2023.

Remember to mention you found this property on CommercialReady

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3. Property Location

80 Homebush Drive, Tarneit VIC 3029

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4. Due Diligence

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