CBRE Australian Healthcare & Social Infrastructure are pleased to offer for lease 760 Toorak Road, Hawthorn East. A premium childcare centre offering uncompromising build quality and design elements rivalling the nation’s most elite centres.

Architecturally designed by childcare specialists Architecton, the subject property is positioned on top of the Hawthorn East Hill bordering Glen Iris and is positioned directly opposite the Tooronga Village Shopping Centre. Seamless design also blends indoor and outdoor spaces while offering striking street presence with two point of access and egress via Toorak and Tooronga Roads.

The centre is under construction and due to complete at the end of year with move in date of January 2025.

Overview:

+ Permitted for 96 Long Day Care places located in the heart of one of Melbourne’s inner metropolitans, affluent family growth corridors

+ A three-level childcare centre plus one level of basement parking for 21 spaces with multiple point of access and egress

+ Architecturally designed by childcare specialists Architecton, blended with outdoor and indoor spaces with a combined 784 sqm+*

+ Trophy improvements nearing completion - move in by January 2025

+ An exclusive opportunity located in Melbourne’s most elite private school precinct

Location:

+ 760 Toorak Road is situated within the suburb of Hawthorn, only 7km* east of Melbourne’s CBD. The property is surrounded by affluent suburbs including Malvern, Kooyong, Camberwell, and Toorak

+ Median family income estimated for $179,296 p.a. (Australia average: $110,240 p.a), showcasing the elite consumption power regarding childcare services within the area

+ Strong daily fee rate location with Hawthorn, Glen Iris and Armadale services charging between $180-$195 per day

+ The population in Hawthorn East is expected to grow at an average of 1.31% per annum, over the next 5 years, reaching 17,624 by 2029 (including 806 0 to 4 year olds and 170 5 year old)

+ Highly exposed to 24,000+* traversing the intersections of Toorak and Tooronga Roads

+ Blue-chip location surrounded by Melbourne’s most elite suburbs including Malvern, Toorak, Kew, Glen Iris, and Camberwell

+ Surrounded by parklands, transport amenity and retails including Tooronga Village Shopping Centre, Woolworths, Chemist Warehouse

+ Multiple educational facilities including Glenferrie Primary School, Erasmus Primary School and Scotch College

+ The area is characterised by an established residential population, as well as a sizeable working population plus some of the State’s most elite private schools.

+ One of few Child Care offerings within the immediate area - servicing the surrounding white-collar workforce in addition to some of the country’s most reputable private schools.

FOR LEASE VIA EXPRESSIONS OF INTEREST

For further information, please contact the exclusive leasing and marketing agents:

Jimmy Tat
+61 439 399 1...

Sandro Peluso
+61 418 389 7...

Marcello Caspani-Muto
+61 417 065 7...


approx*