11 & 15 Kimberley Drive,
Chirnside Park, VIC 3116

Medical & Consulting • Shops & Retail • Other

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CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

11 & 15 Kimberley Drive

Chirnside Park, VIC 3116

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Chirnside Park Childcare Investment - Part of the Early Education Portfolio

Places: 110
Income: $434,500pa*
Lease: 20+10+10+10 years

Savills, Burgess Rawson and CBRE and are delighted to present a premium portfolio of 21 Early Education investments located within select, high-growth corridors in Melbourne and Perth.

The Chirnside Park investment at 11 & 15 Kimberley Drive presents an outstanding opportunity with the following key attributes:
- Childcare centre of 110 places
- 20+10+10+10 year lease
- Operated by Story House Early Learning
- Commencing net income of $434,500pa*
- Annual fixed rental increases of 3%
- New construction with significant depreciation benefits
- Strategically located near several primary and secondary schools including Chirnside Park Primary
- Chirnside Park has a local population which comprises 66% of families^

*Approximate. ^2016 Census Quick Facts, Chirnside Park (Vic)

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

Property ID: 503871846Last Updated: 1 Mar 2022

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CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000