Affinity Education, 420 Grimshaw Street, Bundoora, VIC, 3083

Stonebridge Property Group is pleased to present 'Affinity Education Bundoora' for sale via Expressions of Interest closing Thursday 29 October at 3pm (AEDT), unless sold prior.

FREEHOLD ONLY — CHILDCARE BUSINESS NOT FOR SALE

The asset has the following key investment features:

- New 20 year lease to 2044 + options to 2074, with annual rent increases of the greater of CPI or 3%, providing long-term income security and contracted rental growth.

- Affinity Education – one of Australia’s largest childcare operators, with 250+ centres nationally, backed by Quadrant PE, with the centre trading as Papilio Early Learning.

- Investor-favoured net lease structure, with the tenant responsible for 100% of building outgoings including Land Tax, with management fees capped at 2.5%.

- New purpose-built 88 place centre, delivered in 2024, offering significant depreciation benefits.

- Prime middle-ring Melbourne location, approximately 15km north-east of the CBD, within an established residential and retail catchment.

- Exceptional education catchment with 22,000+ students enrolled within 5km^, complemented by nearby La Trobe and RMIT Universities and an extensive surrounding school network.

- Established surrounding amenity including Bundoora Square Shopping Centre, Northpark Private Hospital, Bundoora Health Medical Centre and Bundoora Indoor Sports Centre.

- Net Income: $393,229 pa* + GST

For further information or to arrange an inspection, please contact the exclusively appointed Stonebridge agents.

如需任何国语或粤语咨询，请联系我们亚洲业务团队的 Kevin Tong 汤聪瑜， 联系电话：0422 848 818，并可随时加他的微信（微信号：kevintong3)

*Approximately

^Location IQ

Our ID: a0TOd00000sk7h5MAA

Our Ref: National Portfolio, Childcare

Property Code: 1869

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