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CBRE - Melbourne

2 Whiteleaf Drive Mickleham, VIC 3064

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2 Whiteleaf Drive,
Mickleham, VIC 3064

Medical & Consulting • Shops & Retail • Other

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CBRE - Melbourne
Sandro Peluso
Marcello Caspani-Muto
Jimmy Tat

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
2 Whiteleaf Drive
Mickleham, VIC 3064

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MICKLEHAM EDUCATION INVESTMENT – PART OF THE EXCLUSIVE EARLY LEARNING PORTFOLIO

  • 20-year lease + options to 2061
  • Premium operator Niño Early Learning
  • Proven location with strong demand
CBRE Australian Healthcare and Social Infrastructure is delighted to offer for sale 2 Whiteleaf Drive, Mickleham. A Premium freestanding education investment on a substantial corner landholding of 2,496sqm* with exposure to Whiteleaf Drive and Harfield Avenue.

OVERVIEW

+ Brand new and architecturally designed centre completed in October 2021 and constructed by Ruber Group with a 62 year history and 20+ centres built

+ Leased to Niño Early Learning Adventures (20 centres operational and in development) with a permit for 118 places

+ Annual income of $466,100 pa*+ GST and outgoings and a 6-month bank guarantee

+ 20 year lease to 2041 with (2) two further (10) ten year options to 2061

+ Irreplaceable land holding of 2,496sqm*, zoned General Residential with twenty-five (25) on-site car spaces

LOCATION

+ Strategically selected location with the Nino brand already operating a highly successful centre within the suburb and developed to meet unsatisfied demand and long wait-lists while optimising staffing efficiencies

+ High growth location with substantial upside - Mickleham has seen population growth of 264% in the past 5 years alone

+ Favourable childcare demographic location with an increase of circa 3,000 children in the 0-5 age group expected within 15 years

+ Significant surrounding residential estates and communities under construction or having been permit approved bringing greater amenity and value to the area during the life of the lease - developers include Burbank Homes, JG King Homes, Metricon and others.

EXPRESSIONS OF INTEREST NOW CLOSED - Under Exclusive Due Diligence

For further information on this opportunity or the entire portfolio of premium assets, please contact the exclusive selling agents:

Sandro Peluso
+61 418 389 7...

Jimmy Tat
+61 439 399 1...

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

approx*

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Property ID: 503934798Last Updated: 19 Jan 2022

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